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Pip World, a UAE-based Web3 gaming and edtech startup, secured USD 10 mn in seed funding from UAE-based fintech firm Exinity, according to a press release. Exinity will also integrate its financial and trading technologies into Pip World ’s gaming and learning platform.
Fresh funding to fuel expansion into emerging markets: Pip World will use the funding to expand its offerings and presence globally, “particularly in the emerging markets where financial tools and knowledge are scarce,” the startup’s founder and CEO Saad Naja said.
What’s next? Pip World plans to launch its blockchain-based mobile game PiP Trader by year-end, The Block reports. The game is a strategy management simulator for creating trading portfolios.
What’s Pip World? Founded by Naja (LinkedIn), Pip World’s platform merges video games, education, and Web3 technology to improve financial literacy. Its offerings include Pip Academy, a gamified application designed to simplify financial concepts.
