B

    Bukas

    Making education affordable for Filipino youths

    Founded
    2019
    Headquarters
    Makati City, Philippines
    Stage
    Series A
    Total raised
    ₱280M
    From recorded rounds
    Licences
    1
    SEC

    Overview

    Bukas is a Philippine education-financing platform, operated by Bukas Finance Corp. (an SEC-registered financing company) under regional parent ErudiFi. It partners with colleges and universities to let students and families pay tuition in affordable monthly installments instead of large upfront lump sums. Plans can cover up to 100% of tuition, payable over 3, 6, 9, or 12 months, with funds disbursed directly to the partner school. Applications are fully online. ErudiFi also operates Danacita in Indonesia.

    Mission

    To make education affordable and accessible for every Filipino.

    Products

    • Tuition Installment Plans
    • Bukas Flex

    Serves

    College & graduate studentsFamiliesPartner schools

    Funding and ownership

    Total raised

    ₱280M

    Sum of recorded funding rounds

    Stage

    Series A

    Parent organisation: ErudiFi (Singapore)

    Investors and shareholders

    Monk's Hill VenturesQualgroY CombinatorThirdStream PartnersHelicap (debt)

    Figures are calculated from the funding rounds recorded for this company.

    People

    • Naga TanCEO & Co-founder (ErudiFi)
    • JR EmlanoPresident (Bukas)

    Licences and certifications

    Awards and recognition

    • Inclusive Fintech 50 (2021, ErudiFi)

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