Digemy, a South Africa based ed-tech startup launched in 2017, has raised 68,000 dollars to expand its team and launch its Besmerta financial literacy platform.
Digemy provides corporates with educational platforms that focus on learning and retention of the knowledge, as opposed to mere consumption of the learning material.
In 2017, Digemy raised seed funding from Greenworld Capital, the same fund that has also made the latest investment at a USD 2.7 million valuation.
The funds will be put to use hiring more team members, and eventually to roll out its financial literacy platform, Besmerta.
The Besmerta platform is a financial literacy service that aims to decrease financial stress by allowing learners to access micro-learning modules and quizzes on the subject.
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Much like all of Digemy’s programs, Besmerta strives to ensure content retention and inspire behavior change.
Digemy is partnering with a number of corporates to roll out the program within their organizations.
They are also helping them create their own online academies to assist in employee and consumer education solutions.
So far Digemy has on-boarded four listed companies, and have completed a proof of concept with a South African bank.
Speaking to Ventureburn, Digemy co-founder, Kobus Louw said that the financing deal had concluded in August.
Louw’s co-founder, Carl Wallace, was replaced on the firm’s board by Wayne Stocks, the Stocks & Strauss director and co-founder, who played a pivotal role in JUMO’s expansion into East Africa.
