ErudiFi - About the company
ErudiFi is a series A company based in Singapore (Singapore), founded in 2019 by Naga Tan and Susli Lie. It operates as an Operator of platforms providing financial access for students pursuing education. ErudiFi has raised $5M in funding from investors like Monk's Hill Ventures, Y Combinator and ThirdStream Partners. The company has 10 active competitors, including 2 that are funded. Its top competitors include companies like Leap Finance, Edufi and GM Creditz.
Company Details
Operator of platforms providing financial access for students pursuing education. The platforms facilitate tuition installment plans and affordable loans for degree programs. They collaborate with educational institutions to offer integrated financing solutions. The platforms aim to broaden educational opportunities for students.
- Website
- erudifi.com
- Email ID
- *****@erudifi.com, *****@erudifi.com
- Registered Address
- PHILLIP STREET, Singapore, 48694
Key Metrics
Founded Year
2019
Location
Singapore, Singapore
Stage
Series A
Total Funding
$5M in 3 rounds
Latest Funding Round
Investors
Ranked
1st among 10 active competitors
Employee Count
107 as on Aug 31, 2026
Investment & Acquisitions
Similar Companies
Legal entities associated with ErudiFi
ErudiFi is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
ERUDIFI HOLDINGS PTE. LTD. UEN: 202042310K , Singapore, Active | Dec 31, 2020 | - | - | |
ERUDIFI PTE. LTD. UEN: 201804278D , Singapore, Active | Feb 02, 2018 | - | - |
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ErudiFi's funding and investors
ErudiFi has raised a total funding of $5M over 3 rounds. Its first funding round was on 2019. Its latest funding round was a Conventional Debt round on Jan 17, 2022 for $*****. 1 investor participated in its latest round. ErudiFi has 15 institutional investors.
Here is the list of recent funding rounds of ErudiFi:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 17, 2022 | 3153928 | Conventional Debt | 4712816 | 8799343 | 5194026 | 5059939 |
Feb 23, 2021 | 5527146 | Series A | 5538253 | 6507681 | 7776721 | 4359830 |
2019 | 1700 | Seed | 4792 | 3505 | 5951 |
View details of ErudiFi's funding rounds and investors
ErudiFi's founders and board of directors
Founder? Claim ProfileHere are the details of ErudiFi's key team members:
- Naga Tan: Co-Founder & CEO of ErudiFi. Contact Info: 1 email address
- Susli Lie: Co-Founder of ErudiFi. Contact Info: 2 email addresses
ErudiFi's Board of Directors
ErudiFi's board has 4 active members. Naga Tan and John Tan Yik Ann are part of team and Neo Weisheng and Ong Peng Tsin are independent board members.Here is the list of ErudiFi's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 5y 9m | |
hrcnw{g | Team | - | Current | 3y 5m |
Independent board member | - | Current | 0y 10m | |
kkmfqea | Independent board member | - | Current | 4y 6m |
xbzeuym | Independent board member | - | Past | 1y 3m |
View details of ErudiFi's Founder profiles and Board Members
ErudiFi's employee count trend
ErudiFi has 107 employees as of Aug 26. Here is ErudiFi's employee count trend over the years:
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ErudiFi's Competitors and alternates
Top competitors of ErudiFi include Leap Finance, Edufi and GM Creditz. Here is the list of Top 10 competitors of ErudiFi, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Operator of platforms providing financial access for students pursuing education | $5M | 60/100 | ||
2nd | Leap Finance 2019, Bengaluru (India), Unfunded | Provider of financial assistance for individuals pursuing education abroad | - | - | 43/100 |
3rd | Developer of an education loan marketplace platform | $6.1M | 35/100 | ||
4th | GM Creditz 2016, Singapore (Singapore), Deadpooled | Consumer loans provider | - | - | 17/100 |
5th | PMP Finance 2016, Singapore (Singapore), Unfunded | Loans provider for consumers | - | - | 16/100 |
6th | Licensed Moneylender 2011, Singapore (Singapore), Unfunded | Consumer loans provider | - | - | 16/100 |
7th | Quick Credit 2001, Singapore (Singapore), Unfunded | Diversified lending NBFI | - | - | 16/100 |
8th | Provider of education loans | - | - | 16/100 | |
9th | Golden Credit 2010, Singapore (Singapore), Unfunded | Provider of diversified personal loans | - | - | 16/100 |
10th | Calista Inventory Financing 2021, Singapore (Singapore), Unfunded | Provider of consumer loans | - | - | 16/100 |
Looking for more details on ErudiFi's competitors? Click here to see the top ones
ErudiFi's Investments and acquisitions
ErudiFi has acquired Doyobi. ErudiFi has not made any investments as of now.Reports related to ErudiFi
Here is the latest report on ErudiFi's sector:
News related to ErudiFi
Media has covered ErudiFi for 1 event in last 1 year.
•
Pencil Finance Delivers $1M Onchain Loans to Empower Asian StudentsCryptocurrency•Sep 03, 2026•ErudiFi
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Monk’s Hill Ventures And Qualgro Lead $5M Round In Edufintech Firm ErudiFiVOLANEWS•Feb 23, 2021•ErudiFi, Monk's Hill Ventures, Qualgro
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Monk’s Hill Ventures and Qualgro lead $5m round in edfintech firm ErudiFiTech in Asia•Feb 23, 2021•ErudiFi, Monk's Hill Ventures, Qualgro, Hill Ventures
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