Web3 Gaming Startup PiP World Secures $10 Million Seed Funding
Read Time:2 Minute, 5 Second
- PiP World secures $10 million in seed funding from Exinity to advance its mission of gamifying financial education and expanding its Web3 ecosystem globally.
- With Exinity’s backing, PiP World will enhance its offerings, including PiP Trader and PiP Academy, to make financial literacy engaging and accessible in emerging markets.
PiP World, a Web3 gaming and EdTech ecosystem, has raised $10 million in seed funding from global fintech firm Exinity. This strategic investment is aimed at advancing PiP World’s mission to transform financial education through gamification, making complex financial concepts engaging and accessible to users of all levels.
Exinity, with offices in the UAE, the UK, and Cyprus, is regulated across multiple jurisdictions, including the ADGM Financial Services Regulatory Authority in Abu Dhabi.
The partnership will allow PiP World to expand its offerings, including PiP Trader, a strategy management simulator for building trading portfolios; PiP Academy, a gamified app simplifying financial concepts; and StockRise, Roblox’s top-grossing stock simulator game now integrated into PiP World.
ALSO READ: Yala Raises $8M in Oversubscribed Seed Round to Drive Bitcoin Liquidity
Commenting on the partnership, Saad Naja, CEO & Founder of PiP World, said:
“We are excited to join forces with Exinity as we advance our mission to transform the way people learn about financial markets. This investment will enable us to expand our offerings and reach more users globally, particularly in the emerging markets where financial tools and knowledge are scarce. Our goal is to empower individuals with the financial knowledge and skills necessary to navigate the complexities of today’s economy and financial markets, and this partnership with Exinity brings us one step closer to achieving that vision.”
The funding aligns with Exinity’s vision of equipping the next generation with financial knowledge. Lex Webster, Managing Partner of Exinity, added:
“PiP World’s innovative approach to financial education through gamification is precisely the kind of forward-thinking solution that aligns with our vision. By integrating our robust financial and trading technologies with PiP World’s immersive gaming and learning environment, we are catalyzing a paradigm shift in how financial literacy is perceived and attained.”
PiP World’s timing is critical, especially in regions like the UAE, where financial literacy is below the global average. With the Middle East’s rise as a hub for Web3 gaming, PiP World is set to play a significant role in closing the financial literacy gap, while capitalizing on a booming gaming market that could reach $1 billion by 2025.
0
0
