FinTech news in latam edtech category

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 schoolwide announcements. 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. Latin American schools are working with paper, WhatsApp groups and e-mail, Giménez said.