Principia

Principia is a Brazilian fintech startup that focuses on providing financial solutions for education. The company ensures universities receive 100% of undergraduate tuition fees on the scheduled date with zero defaults, handling the entire billing and collection process, and advancing the tuition fees to provide additional working capital for the institutions. This helps in financing the institutions' plans, reducing student dropouts, and ensuring greater cash flow predictability. Additionally, Principia offers financing for postgraduate education, allowing universities to receive the course fee upfront while enabling students to finance it over 36 months. For digital content creators and schools offering free or professional courses, PrincipiaPay provides a comprehensive checkout solution, including receivables anticipation, and integrates credit card and PIX sales, as well as installment options for up to 36 months. Founded in 2022, Principia operates in the EdTech, Financial Services, Fintech, and Information Technology sectors. The company received a BRL50.00M Series A investment on 24 August 2023, with several prominent investors including FJ Labs, Valor Capital Group, Scale-Up Ventures, ARC Capital, Supera Capital, Spectra Investments, and Actyus. With more than R$1 billion approved in education financing, Principia has witnessed significant growth in online course sales, achieving up to a 35% increase, and boasts the highest approval rate in the market.