Wednesday, July 2, 2025
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
No Result
View All Result
Home Fintech

School fees payment startup Zenda raises $9.4 million

Femi Thomas by Femi Thomas
04/28/2022
in Fintech, Middle East and Africa, News - Middle East And North Africa, World Regional News
0 0
0
Zenda UAE India

Zenda UAE India

0
SHARES
Share on FacebookShare on Twitter

Fintech startup Zenda (formerly Nexopay) has raised $9.4 million in a seed funding round from Saudi Arabia-based venture capital fund STV, seed-stage venture fund Cotu Ventures, Global Founders Capital, and VentureSouq.

The startup plans to use the funds for product development and market expansion in India.

Zenda was founded in June 2021 by Raman Thiagarajan and Haseeb Ahmed, alumni of McKinsey & Company. Thiagarajan and Ahmed had previously founded edtech startup Nexsquare in Dubai.

After its launch in the United Arab Emirates, Zenda began operations in India in 2021. It presently has more than 40 employees, around 30 of which are in India, operating out of Bengaluru, Kochi, and Delhi.

The fintech startup help families pay school fees with pay-now and pay-later options and unlock reward points for paying on time.

The startup said it has processed fee payments of $70 billion annually to private educational institutions in India, $37 billion in the Gulf Cooperation Council (GCC), and $34 billion in the rest of the Middle East and Africa. “The market is sizable yet largely untapped,” the startup said in a statement.

 

Read more on Tech Gist Africa:

The Food Lab, an Egyptian cloud kitchen platform has raised $4.5 million in its pre-seed round

Recur Technologies announces $30 million funding round

SaveIN raises $4 million

ShareTweet
Plugin Install : Subscribe Push Notification need OneSignal plugin to be installed.
Femi Thomas

Femi Thomas

Related Posts

DHL Group
Investments

DHL Group to Invest $575 Million in Healthcare and Logistics Expansion Across Africa and the Middle East

by Tech Gist Africa
06/15/2025
0

DHL Group has announced plans to invest approximately €500 million (US$575 million) over the next five years to enhance its...

Read more
COREangels

COREangels MEA Launches $10 Million Fund to Support Early-Stage Startups in the Middle East and Africa

06/15/2025
ElGameya Egypt

ElGameya, an Egyptian Fintech Startup Raises 7‑Figure Funding

06/15/2025
Thndr Egypt

Thndr, an Egyptian-based digital investment platform, has raised US $15.7 million in a Series A round

06/15/2025
MaxAB-Wasoko Fatura Egypt

African E‑Commerce Super‑App MaxAB‑Wasoko Acquires Egypt’s Fatura

06/15/2025
Next Post
Believe Singapore

Singapore-based Believe raises $55 million

DeHaat India

Agritech firm DeHaat acquires majority stake Y-Cook India

Pony.ai China

Pony.ai gets the green light for 100 robotaxis in Guangzhou, China

No Result
View All Result

The Big 5

Blockchain

The Role of Blockchain in Enhancing Africa’s Financial Systems and Security

by Tech Gist Africa
06/30/2025
0

...

Artificial Intelligence

How Artificial Intelligence is Transforming Industries Across Africa

by Tech Gist Africa
06/23/2025
0

...

Africa startups

Kenyan Startups Invited to Apply for €100,000 develoPPP Ventures Grant

by Tech Gist Africa
06/15/2025
0

...

Neuralink Elon Musk

Neuralink Secures $650 Million in Series E Funding to Advance Brain Implant Technology

by Tech Gist Africa
06/15/2025
0

...

Telegram Grok

Telegram Scores $300 Million xAI Deal to Integrate Grok Across One Billion Users

by Tech Gist Africa
06/15/2025
0

...

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

Copyright © 2020 Techgistafrica. All Rights Reserved

No Result
View All Result
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact

Copyright © 2019 TECHGISTAFRICA. All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.