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UAE-Based Web3 Startup PiP World Raises USD 10M in Seed Funding

UAE-Based Web3 Startup PiP World Raises USD 10M in Seed Funding
Saad Naja, Co-Founder & CEO, PiP World

– PiP World, a Web3 gaming and EdTech platform, secured $10 million in seed funding from Exinity, aiming to revolutionize financial education through gamified experiences.

– The partnership with Exinity will help PiP World expand its offerings globally, focusing on emerging markets where financial tools and knowledge are limited.

– PiP World aims to address the global financial literacy gap, especially in the UAE, while tapping into the growing Web3 gaming sector in the Middle East, expected to attract up to 100 million gamers by 2025.

PiP World, a Web3 gaming and EdTech platform, has successfully raised $10 million in seed funding from Exinity, a global fintech leader, marking a key milestone in its mission to revolutionize financial education. This funding aims to transform financial learning into an interactive and gamified experience accessible to users worldwide.

Exinity, with headquarters in the UAE and offices in the UK and Cyprus, is regulated across multiple jurisdictions, including the ADGM Financial Services Regulatory Authority in Abu Dhabi.

PiP World combines engaging gameplay with personalized learning, offering key products such as PiP Trader, a trading portfolio strategy simulator; PiP Academy, a gamified platform simplifying financial concepts; and StockRise, a top-grossing stock simulation integrated with Roblox.

CEO and Founder of PiP World, Saad Naja, emphasized the significance of this partnership with Exinity in expanding their offerings, particularly in emerging markets where financial tools and knowledge are scarce.

“Our goal is to equip individuals with the financial skills necessary to navigate today’s complex economy,” Naja noted.

Exinity’s investment is part of its broader strategy to provide the next generation with essential financial tools. Lex Webster, Managing Partner at Exinity, highlighted that PiP World’s innovative gamified approach aligns perfectly with their vision of transforming financial literacy.

PiP World aims to address a global financial literacy gap, particularly in the UAE, where the literacy rate is below the global average. The platform’s expansion into the Web3 ecosystem aligns with the Middle East’s growing prominence in gaming, with the region expected to attract up to 100 million gamers by 2025.

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