# ErudiFi

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/erudifi

- Industry: Financial Services
- Headquarters: Indonesia
- Website: www.erudifi.com
- Total disclosed funding: $9.2M
- Latest round: Series A (Jul 24, 2025)
- Investors on record: 15

## About

ErudiFi Inc. specializes in innovative education financing solutions, providing students in Southeast Asia with accessible funding options to support their academic pursuits through tailored loan programs.ErudiFi Inc. was founded in 2017 in Indonesia and focuses on offering education financing solutions. The company's founders, Ketty Lie and Naga Tan, developed the firm to address the financial barriers faced by students. In January 2022, ErudiFi raised USD 15 mn in a VENTURE DEBT round led by Helicap Investments, bringing the total amount raised to USD 5 mn. ErudiFi has completed three deals to date and has its headquarters in Indonesia.ErudiFi Inc. offers primarily two products: Bukas and Danacita, designed for education financing in the Philippines and Indonesia respectively. Bukas provides affordable student loans and tuition installment plans in conjunction with universities such as Far Eastern University and Mapúa University. Similarly, Danacita offers financing solutions for a variety of educational paths in Indonesia, including Diploma, Bachelor's, Master's, and non-degree courses, facilitating students' access to necessary funds for their education.Revenue for ErudiFi Inc. is generated through its lending platforms, which provide student loans repaid via flexible installment plans. The company partners with educational institutions to integrate financing options seamlessly into enrollment processes. Interest on the loans constitutes the primary revenue source, enabling students to focus on their studies without financial strain.In January 2022, ErudiFi Inc. secured USD 15 mn in VENTURE DEBT, which will be utilized to enhance offerings for students in the Philippines and Indonesia by providing more affordable tuition installment plans. The company plans to expand its market presence further in Southeast Asia, although specific new markets have not yet been identified or dated for entry.

## Funding rounds

- Series A, Jul 24, 2025, $1M — 500 Global, Monk's Hill Ventures, Hustle Fund, Teja Ventures, Tres Monos Capital, Novus Paradigm Capital, Sprout Investments
- Series A, Feb 11, 2021, $8.2M — Monk's Hill Ventures, Convergence Ventures, Patamar Capital, Qualgro, Intudo Ventures, GE32 Capital, Octava, Blauwpark Partners, Brain-Too-Free Ventures

## Investors

- Monk's Hill Ventures (https://capitalatlas.ai/funds/monk-s-hill-ventures) — Series A
- Convergence Ventures — Series A
- Patamar Capital (https://capitalatlas.ai/funds/patamar-capital) — Series A
- Qualgro (https://capitalatlas.ai/funds/qualgro) — Series A
- Intudo Ventures (https://capitalatlas.ai/funds/intudo-ventures) — Series A
- GE32 Capital — Series A
- Octava — Series A
- Blauwpark Partners (https://capitalatlas.ai/funds/blauwpark-partners) — Series A
- Brain-Too-Free Ventures (https://capitalatlas.ai/funds/brain-too-free-ventures) — Series A
- 500 Global (https://capitalatlas.ai/funds/500-global) — Series A
- Hustle Fund (https://capitalatlas.ai/funds/hustle-fund) — Series A
- Teja Ventures (https://capitalatlas.ai/funds/teja-ventures) — Series A
- Tres Monos Capital — Series A
- Novus Paradigm Capital (https://capitalatlas.ai/funds/novus-paradigm-capital) — Series A
- Sprout Investments — Series A