Web3 Gaming Startup PiP World Secures $10 Million Seed Funding from Leading Global Fintech Organization Exinity

Dubai, UAE, October 14th, 2024, Chainwire
Strategic Funding Propels PiP World’s Mission to Remodel Monetary Schooling By Progressive Web3 Gaming and EdTech Options
PiP World, a pioneering Web3 gaming and EdTech ecosystem, has secured $10 million in seed funding from Exinity, a number one world fintech agency. This funding represents a key milestone in PiP World’s mission to revolutionize monetary training, reworking it into an enticing and gamified expertise that’s accessible to customers in any respect ranges. Exinity, headquartered within the UAE with workplaces in the UK and Cyprus, is regulated throughout a number of jurisdictions, together with the ADGM Monetary Companies Regulatory Authority in Abu Dhabi.
Pip World blends participating gameplay with personalised studying to empower customers globally. Key choices embody PiP Dealer, a method administration simulator sport for constructing buying and selling portfolios; PiP Academy, a gamified app that simplifies monetary ideas; and StockRise, Roblox’s top-grossing inventory simulator, now built-in into the PiP World ecosystem.
Saad Naja, CEO & Founding father of PiP World, said, “We’re excited to hitch forces with Exinity as we advance our mission to rework the best way individuals find out about monetary markets. This funding will allow us to increase our choices and attain extra customers globally, notably within the rising markets the place monetary instruments and data are scarce. Our aim is to empower people with the monetary data and expertise essential to navigate the complexities of at the moment’s financial system and monetary markets, and this partnership with Exinity brings us one step nearer to attaining that imaginative and prescient.”
Exinity’s funding in PiP World is a strategic transfer aligned with its mission to supply the following technology with the instruments and data to reach the trendy monetary panorama. Lex Webster, Managing Companion, Exinity, commented, “PiP World’s progressive method to monetary training by gamification is exactly the sort of forward-thinking resolution that aligns with our imaginative and prescient. By integrating our strong monetary and buying and selling applied sciences with PiP World’s immersive gaming and studying setting, we’re catalyzing a paradigm shift in how monetary literacy is perceived and attained.”
PiP World goals to sort out a big hole in monetary literacy, each globally and within the UAE. The UAE’s monetary literacy rating of 30.7% is beneath the worldwide common, highlighting the necessity for progressive academic options. Globally, solely 33% of adults reveal primary data about monetary markets, underscoring the constraints of conventional instructing strategies. With the fast rise of DeFi and digital currencies, the hole between those that perceive these ideas and those that don’t has widened.
PiP World’s integration into the Web3 gaming ecosystem is especially well timed given the Center East’s rising prominence on this sector. The UAE, particularly Dubai, is quickly positioning itself as a worldwide hub for Web3 gaming. With the area set to draw as much as 100 million players and create a market value an estimated $1 billion by 2025, PiP World is on the forefront of this transformation.
With the backing of Exinity and the combination of StockRise into its ecosystem, PiP World is well-positioned to guide the cost in gamified monetary training. The platform’s distinctive mix of gaming, training, and Web3 know-how affords a robust device for people trying to construct monetary literacy and obtain monetary freedom.
Exinity Group is a worldwide fintech powerhouse dedicated to empowering the following technology of buyers. With many years of expertise in buying and selling and funding, Exinity operates profitable retail manufacturers, together with ForexTime (FTXM) and Nemo, serving over two million purchasers throughout 180 nations. The group’s deal with growing economies in Asia, the Center East, and Africa, coupled with its dedication to fostering monetary success, aligns seamlessly with PiP World’s imaginative and prescient.
About Pip World:
Backed by Exinity, one of many world’s main fintech organizations, PiP World will leverage Exinity’s intensive community, together with entry to its 5 million-strong dealer person base and 500,000 month-to-month energetic customers throughout Alpari and FXTM.
PiP World affords a platform with simplified, visualized, personalised, and gamified experiences that enchantment to each novice and seasoned merchants alike.
The PiP World ecosystem options a number of distinctive choices:
- PiP Dealer: An immersive technique and administration simulator sport that challenges gamers to handle and develop their buying and selling portfolios.
- PiP Academy: A gamified monetary training app that personalizes the educational journey, making advanced monetary ideas each accessible and satisfying.
- StockRise: The very best-grossing inventory simulator sport on Roblox
About Exinity
Exinity Group (https://group.exinity.com/) is a worldwide fintech enterprise devoted to offering a brand new technology with the liberty to succeed. From its roots in FX brokerage, Exinity is creating and growing a singular vary of progressive buying and selling and investing merchandise, utilizing proprietary platforms and unique ideas to draw new clients who need the liberty monetary independence can carry – however for whom conventional merchandise don’t enchantment. Exinity focuses on the growing economies of Asia, the Center East and Africa, big markets served by a extremely motivated, customer-focused and artistic workforce working out of 4 strategic centres.
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