Mia Share, a FinTech company specialising in streamlining digital payments for trade and technical schools, has raised $6.5m in a seed funding round.
The investment was led by TTV Capital, according to a report from PYMNTS.
At its core, Mia Share provides a comprehensive payments platform designed specifically for administrators of trade and technical schools. This innovative platform enables the management of tuition options, collection of payments, sending of invoices, and viewing of data and reports. Furthermore, it offers valuable insights into applications, enrollment, attribution, and accounts receivable (AR), making it a vital tool for educational administrators seeking to modernise their payment systems.
With the fresh injection of $6.5m, Mia Share aims to enhance its product features, onboard new users, and expand its customer service team.
The importance of Mia Share’s mission is further underscored by the current usage of its platform by over 200 schools nationwide.
Lizzie Guynn, partner at TTV Capital, expressed enthusiasm for the investment. The said, “We always look at external market conditions, product-market fit and the founding team when deciding whether to make an initial investment. When we learned how trade and technical schools have been historically underserved by software solutions, and how program enrollment is on the rise across the country, we saw a huge opportunity.”
Keep up with all the latest FinTech news here.
Copyright © 2024 FinTech Global