YaSchools, a Saudi startup specializing in educational management solutions, has successfully closed a $600,000 Seed round of funding from a group of angel investors. YaSchools offer the region’s first-of-its-kind platform to manage the educational ecosystem, acting as the facilitator between all stakeholders—such as schools, teachers, and students—involved in the educational process. The platform utilizes big data, artificial intelligence, and financial technologies that can assist in processing tasks in an autonomous and fast-paced manner. Since the launch of micro-lending services in early 2023, YaSchools has received financing requests worth more than $40m. Currently, YaSchools has 1,750 registered schools and serves 2,500 teachers and more than 92,000 parents.

Source: Daily News Egypt August 08, 2023 12:24 UTC