FundedIQ
Education

QuadFi: Funding, Investors & Team (Sep 2026)

QuadFi is a financial technology company that employs non-traditional data to offer equitable and reasonably priced loans to underserved credit populations. By centering its attention on the convergence of worldwide migration, financial information, and personal information, QuadFi recognizes ways to tackle the issue of financial marginalization. QuadFi empowers individuals who are disregarded by conventional lenders, enabling their financial prosperity.

www.quadfi.com LinkedIn Toronto, Canada 1-10 employees
Total raised
$121M
Rounds
2
Latest
Undisclosed round
Sep 2023

QuadFi has raised $121M across 2 funding rounds on record, the most recent an undisclosed round of $20.0M announced in Sep 2023.

That round is above the $1.5M median round size for Education companies tracked on FundedIQ over the last two years.

QuadFi Company Profile and Key Stats

Total funding raised
$121M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Undisclosed round
$20.0M in Sep 2023
Employees
1-10
reported band
Headquarters
Toronto, Canada

Latest funding round on record: Sep 2023.

QuadFi Funding Rounds

Date
Round
Amount
Undisclosed round
$20.0M
Debt Financing
$101M

QuadFi raised $101M in a Debt Financing announced in Apr 2022.

1.4 years later, an undisclosed round of $20.0M was announced in Sep 2023.

QuadFi Founders and Leadership Team

Name
Role
Contact
Manny Nikjoo
CEO
Locked

Contact details for the QuadFi team: 1 of 1 has an email address on file.

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QuadFi Funding Compared to Other Education Startups

Segment
Companies
Median round
1,474
$1.5M
3,086
$2.2M

QuadFi's latest round of $20.0M is above the median round in Education. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like QuadFi in Education and Toronto

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QuadFi Funding FAQs

What does QuadFi do?

QuadFi is a financial technology company that employs non-traditional data to offer equitable and reasonably priced loans to underserved credit populations. By centering its attention on the convergence of worldwide migration, financial information, and personal information, QuadFi recognizes ways to tackle the issue of financial marginalization. QuadFi empowers individuals who are disregarded by conventional lenders, enabling their financial prosperity.

How much funding has QuadFi raised?

QuadFi has raised $121M across 2 rounds on record. The most recent is an undisclosed round of $20.0M announced in Sep 2023.

When did QuadFi last raise funding?

QuadFi's most recent funding round on record is an undisclosed round of $20.0M, announced in Sep 2023.

Who is the CEO of QuadFi?

Manny Nikjoo is listed as CEO at QuadFi.

Where is QuadFi headquartered?

QuadFi is based in Toronto, Ontario, Canada.

How many employees does QuadFi have?

QuadFi is in the 1-10 employee band.

How does QuadFi's funding compare to other Education startups?

QuadFi's latest round of $20.0M is above the $1.5M median round size for Education companies on FundedIQ across 1,474 tracked companies over the last two years.

About FundedIQ's QuadFi Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for QuadFi is left off this page rather than filled in.

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