# Zenda

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

- Industry: Software
- Headquarters: Dubai, United Arab Emirates
- Website: www.zenda.com
- Total disclosed funding: $9.4M
- Latest round: Seed (Apr 24, 2022)
- Investors on record: 4

## About

Based in Dubai, UAE, and founded in 2021, Zenda, fka Nexopay, offers a fintech app that provides parents with fee management services. The CEO of the company is Raman Thiagarajan. In April 2022, Zenda raised USD 9.4 million in seed funding led by new investor STV, with participation from other new investors COTU Ventures, Global Founders Capital, and VentureSouq.

Zenda provides digital payments and financing solutions for parents by providing a financial platform to pay school bills with an option to pay now and pay later. The company's p-platform also allows parents to redeem rewards on the payment of school fees and also offers fee management for schools and colleges with built-in payment gateways, auto-reminder, and auto reconciliation facilities.

The company plans to use the funding for product development and market expansion in India.

## Funding rounds

- Seed, Apr 24, 2022, $9.4M — Global Founders Capital, VentureSouq, STV, COTU Ventures

## Investors

- Global Founders Capital (https://capitalatlas.ai/funds/global-founders-capital) — Seed
- VentureSouq (https://capitalatlas.ai/funds/venturesouq) — Seed
- STV (https://capitalatlas.ai/funds/stv) — Seed
- COTU Ventures (https://capitalatlas.ai/funds/cotu-ventures) — Seed