Prodigy Finance, founded in 2007 and headquartered in the United Kingdom, aims to provide collateral-free education loans for international master's students pursuing top-tier degrees worldwide. The company's slogan "Get funding for a top-tier master degree - without worrying about collateral or a cosigner" captures its commitment to equal access to education. Their recent Debt Financing investment of $350.00M on 21 June 2023 involved key investors such as Citigroup, Schroders Capital, and SCIO Capital LLP. Prodigy Finance's focus on addressing the financial barriers to education in emerging markets resonates with the global demand for accessible financial services and investment in the future leaders of the world. The company operates at the intersection of Education, Finance, Financial Services, and Fintech, demonstrating its commitment to leveraging technology to drive positive social impact and financial inclusion.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Debt Financing | $350.00M | 3 | 21 Jun 2023 | |
Debt Financing | $500.00M | 1 | Canada Pension Plan Investment Board | 15 Sep 2021 |
Debt Financing | $250.00M | 1 | 01 Jan 2021 | |
Debt Financing | £760.00M | 3 | Sumitomo Mitsui Banking Corporation | 24 Sep 2018 |
Series C | $40.00M | 3 | AlphaCode Club | 21 Aug 2017 |
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