PiP World, a pioneering Web3 gaming and EdTech ecosystem has recently secured $10 million in seed funding from Exinity, a leading global fintech firm. This investment represents a key milestone in PiP World’s mission to revolutionise financial education, transforming it into an engaging and gamified experience accessible to users at all levels.
Pip World blends engaging gameplay with personalized learning to empower users globally. Its key offerings include PiP Trader, a strategy management simulator game for building trading portfolios; PiP Academy, a gamified app that simplifies financial concepts; and StockRise, Roblox’s top-grossing stock simulator, now integrated into the PiP World ecosystem. The company aims to tackle a significant gap in financial literacy, both globally and in the UAE.
Commenting on the funding, Saad Naja, CEO & Founder of PiP World, said:
We are excited to join forces with Exinity as we advance our mission to transform how people learn about financial markets. This investment will enable us to expand our offerings and reach more users globally, particularly in emerging markets where financial tools and knowledge are scarce. Our goal is to empower individuals with the financial knowledge and skills necessary to navigate the complexities of today’s economy and financial markets, and this partnership with Exinity brings us one step closer to achieving that vision.
The startup’s integration into the Web3 gaming ecosystem is particularly timely given the Middle East’s growing prominence in this sector. The UAE, especially Dubai, is rapidly positioning itself as a global hub for Web3 gaming. With the region set to attract up to 100 million gamers and create a market worth an estimated $1 billion by 2025, PiP World is at the forefront of this transformation.
Exinity, headquartered in the UAE with offices in the United Kingdom and Cyprus, is regulated across multiple jurisdictions, including the ADGM Financial Services Regulatory Authority in Abu Dhabi. Investing in PiP World is a strategic move that aligns with its mission of equipping the next generation with the skills and information necessary to succeed in today’s financial market.
Lex Webster, Managing Partner, Exinity, commented:
PiP World’s innovative approach to financial education through gamification is a forward-thinking solution that aligns with our vision. By integrating our robust financial and trading technologies with PiP World’s immersive gaming and learning environment, we are catalysing a paradigm shift in how financial literacy is perceived and attained.
With Exinity’s backing and StockRise’s integration into its ecosystem, PiP World is well-positioned to lead the charge in gamified financial education. The platform’s unique blend of gaming, education, and Web3 technology offers a powerful tool for individuals looking to build financial literacy and achieve financial freedom.
