Educbank
São Paulo
About Educbank
Educbank is a financial ecosystem dedicated to K-12 schools, intended to expand access to quality education in Brazil, through services’ management and financial support to educational institutions by providing payment guaranty to school tuitions. This investment will enable Vasta to capture great value potential in the following years, by tapping the K-12 tuitions payment means, which total payment volume (TPV) surpasses R$70 billion per year. Educbank’s services complement Vasta’s digital services platform, which provides access to data, management tools and now working capital management, releasing time for school partners to focus on delivering education. Educbank was established on January 2020 by Danilo Costa in Sao Paulo, Brazil.
Company Facts
- Operating status: Active
- Company type: For Profit
- IPO status: Private
- Employees: 101 – 250
- Estimated revenue: $1K – $10K
- Total funding: $93.7M
- Funding stage: Early Stage Venture
- Last round: Debt Financing (Nov 2024)
- Website: educbank.com.br
- Phone: [email protected]
Industries & Categories
EdTech, Education, Financial Services, FinTech
Social Profiles
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