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Fidu wants to be a full stack solution for LatAm private schools



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Nicolás Giménez, the co-founder of Argentina-based startup Fidu, has convinced over 1,000 schools across the Latin America region to place their operations in the hands of a scrappy edtech startup.
Fidu wants to build a new operating system for LatAm schools, so that institutions can digitally manage everything from finances to school-wide announcements. The company, co-founded by Giménez, Caterina Carreño and Ariel Manduca, announced today that it has raised $5 million from Lightspeed Venture Partners, NFX, Imaginable Futures and Broom Ventures. It also landed money from regional founders including Rappi’s Felipe Villamarin and Andres Bilbao, Auth0’s Matias Woloski, Despegar’s Roby Souviron and Frubana’s Fabian Gomez.
Here’s how the startup’s debut products work: school administrators can use Fidu’s app to send tuition and pay slips to parents, and then tuition is paid by the recipients via phone. The startup also …

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