THE MIDDLE EAST’S

40. Zenda*

Description: Specialist financial technology for the education sector
Headquarters: U.A.E.
Date of Establishment: 2021
Founders: Raman Thiagarajan, Haseeb Ahmed

Zenda is a financial app for the education sector, enabling schools, colleges, and nurseries to manage finances and for families to pay education-related bills. The app operates in 10 countries across the Middle East, India, and Southeast Asia, with over 160,000 downloads and more than 100,000 active users as of December 2024. It added over 50,000 equivalent students to its customer base within the first six months of launching in Saudi Arabia. Zenda had raised $9.3 million in funding as of February 2025.