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.
Recent findings from Marktlink, an independent international M&A advisory firm with a UK base in Manchester, indicate that 47% of SME leaders have contemplated acquiring another business in the past year. Notably, nearly two thirds (64%) of these leaders plan to make a purchase within the next five years.
















