Kuwaiti fintech Ruba raises pre-Seed round
- Date: 23-Oct-2022
- Source: Wamda
- Sector:Financial Services
- Country:Kuwait
Kuwaiti fintech Ruba raises pre-Seed round
Press release:
Fintech startup Ruba, a platform that aims to make education accessible to all, announced that it has raised an undisclosed amount in an oversubscribed pre-Seed funding round.
Ruba addresses a pain point in relation to school fees. Currently, parents pay hefty tuition fees over 2 to 3 instalments every school year, which in many cases results in cash flow stress. Ruba provides them with a convenient, seamless and fully-digital option of paying monthly over up to 12-months, at zero cost.