# Prodigy Finance

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/prodigy-finance

- Industry: Financial Services
- Headquarters: London, UK
- Website: www.prodigyfinance.com
- Total disclosed funding: $98M
- Latest round: Series D (Jul 1, 2019)
- Investors on record: 3

## About

Founded in 2007, Prodigy Finance Limited operates out of London, UK, and focuses on enabling postgraduate students to finance their studies in countries such as the United States, the United Kingdom, Australia, Canada, and France. The company was founded by its CEO, Cameron Stevens. In November 2024, Prodigy Finance Limited raised USD 310 million of venture funding from the U.S. International Development Finance Corporation. Prodigy Finance offers tailored international student loans designed specifically for postgraduate study. Its offerings include co-signer and non-co-signer loans, starting at an interest rate of 8.34%, with borrowing capabilities up to USD 220,000 without requiring collateral. The company serves students from over 120 countries, addressing financial barriers faced by international students and primarily serves graduate students, particularly from regions like India and Africa, where traditional financing options are limited. The company plans to use funding to prioritize social impact minimum financing threshold for individuals from low- and lower-middle-income countries.

## Funding rounds

- Series D, Jul 1, 2019, $46M — Index Ventures, Balderton Capital
- Series C, Aug 21, 2017, $40M — Index Ventures, Balderton Capital, AlphaCode
- Series B, Aug 10, 2015, $12M — Balderton Capital

## Investors

- Balderton Capital (https://capitalatlas.ai/funds/balderton-capital) — Series B, Series C, Series D
- Index Ventures (https://capitalatlas.ai/funds/index-ventures) — Series C, Series D
- AlphaCode (https://capitalatlas.ai/funds/alphacode) — Series C