ErudiFi
ErudiFi, formerly known as Dana Cita, is a fintech company focused on education financing to enhance affordability and financial inclusion for students in Southeast Asia.
Company Overview
ErudiFi, previously known as Dana Cita, is a fintech company operating in the credit and lending sub-industry. Headquartered in Singapore and Jakarta, Indonesia, the team comprises 180 members. ErudiFi innovates education financing to make studying affordable in Southeast Asia. It operates under the names Danacita in Indonesia and Bukas in the Philippines. ErudiFi is dedicated to expanding financial services for students, with the aim of driving generational transformation and building a better tomorrow by providing financial inclusion to underserved students.
ErudiFi Services
ErudiFi offers financial solutions to students, providing a smarter way to pay for education while helping them build credit history. This includes affordable loans for students pursuing Diploma, Bachelor's, Master's, and non-degree short-courses in Southeast Asia. In the Philippines, under the name Bukas, ErudiFi offers a secure and integrated tuition installment plan for students in collaboration with top universities. In Indonesia, Danacita provides financing for full degree programs, making higher education more accessible.
ErudiFi Locations and Regions
ErudiFi operates from two main locations: Singapore and Jakarta, Indonesia. The company also has a significant presence in Southeast Asia, with operations partly remote. The regions covered by ErudiFi's services include Singapore, Indonesia, and Southeast Asia. ErudiFi provides remote and partly remote services to reach underserved students in these regions.
ErudiFi Partnerships
In the Philippines, ErudiFi, under the name Bukas, works closely with notable colleges and universities to provide easy and secure tuition financing. Partner institutions include Far Eastern University (FEU), Mapúa University, National Teachers College, and Lyceum of the Philippines University (LPU). These partnerships ensure students have access to integrated installment plans that facilitate their educational journeys.
ErudiFi Mission and Vision
ErudiFi aims to democratize access to higher education in Southeast Asia. The company’s mission is to provide financial inclusion to underserved students, allowing them to afford their education and build a better future. Bukas, in the Philippines, envisions creating a better tomorrow for Filipino youths through affordable student loans. Similarly, Danacita in Indonesia is dedicated to making higher education more accessible through its innovative lending platform.