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Schoolable
AddedMar 22, 2024
UpdatedJun 30, 2026
Schoolable

Schoolable

Seed

Fintech streamlining tuition payments & loans for Africa's K-12 schools.

HQ
Lagos, Lagos, NG
Founded
2019
Accelerator
Y Combinator logoY CombinatorW19
Overview
Compare
Fundraising
Employees
Website

Schoolable is a financial technology company dedicated to transforming pre-tertiary education in Africa by streamlining tuition payments and providing financial infrastructure for K-12 private schools. The company offers services such as upfront tuition payment for parents with flexible monthly repayment plans, fostering a savings culture among parents, and enabling schools to receive up to 80% of their expected fees within two weeks of resumption. Additionally, Schoolable provides schools access to loan facilities and discounted vendor services.

Schoolable has significantly impacted the education sector by simplifying fee collection and reducing instances of fraud through unique account numbers for each family or student. This innovation has improved financial transparency and operational efficiency for schools. By offering a free business account and essential tools, Schoolable ensures that schools can focus on education rather than financial administration.

Schoolable - Similar Companies

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school-space.org

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Schoolable - Quick Facts

Who are Schoolable's competitors?

Companies similar to Schoolable include Kidato, School Space, ErudiFi and Schola.

When was Schoolable founded?

Schoolable was founded in 2019.

Where is Schoolable's headquarters located?

Schoolable's headquarters is located in Lagos, Lagos, NG.

When was Schoolable's last funding round?

Schoolable's most recent funding round was for $100k (USD) in January 2021.

How much has Schoolable raised to-date?

As of Jan 21, 2021, Schoolable has raised a total of $250k (USD).

How many employees does Schoolable have?

Schoolable has 26 employees as of Feb 24, 2024.