Education plays a crucial role in the economic growth and social development of any country. However, challenges in state school provision often lead families to opt for fee-paying schools. Addressing the financial strain this causes, EduFi has announced a $6.1M funding round for its ‘Study Now, Pay Later’ lending platform, launching in Pakistan where 40% of students attend fee-paying schools, contributing to an annual education expenditure of over $14 billion.
The year 2023 marked a challenging yet resilient phase for the European tech ecosystem. Facing tough macroeconomic conditions, Europe saw a significant reduction in funding levels, reaching just over half of 2022’s levels at $45 billion. Large funding rounds and the creation of new billion-dollar companies slowed down, testing the venture asset class’s strength and resilience. Startups Magazine looks at the Atomico State of European Tech Report 2023.
When a business is first starting out, and there’s just a handful of people involved, collaboration tends to be straightforward. It’s hard for things to fall through the cracks when everyone’s across the detail and getting an update from another department is as simple as tapping a desk-neighbour on the shoulder.
The notion of service has changed as technology evolves. We’re now much more comfortable using AI-powered smart assistants; everything from satnav to Alexa and Siri to fridges that tell us when we’re running low on milk, all there to take care of mundane tasks and make our lives easier. But we still love good, old-fashioned service that you can only get from human interactions – the person who remembers your name and favourite coffee order in your local cafe, or a beaming smile and extra snack from the cabin crew on a long flight.















