Kuwaiti fintech Ruba raises pre-Seed round

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.