M&A in edtech – Fundi acquires edtech startup EduOne (South Africa)

Fundi, an education finance and solutions company, has acquired EduOne. EduOne has a platform that provides various services such as EduConnect (provides free information and educational resources to help learners and students make informed decisions), EduFunding (bursary directory with all of the information needed to apply for the various funding opportunities), EduMatch (calculates each individual’s APS for any public tertiary institution in South Africa), EduHealth (provides placement information to commserve students) and Mentr (makes mentorship easy for organisations and their mentees). The startup was founded by Jason Basel, James Kieser and Ben Rath.

Fundi is a South African based education finance and fund management specialist. Fundi is a specialist in education finance for tuition, device and MBA loans to students and also provides business-to-business education finance for staff. Fundi also provides cashless solutions and fund management services to institutions at all levels as well as for corporate bursary programmes.

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