Prodigy Finance

Prodigy Finance is a marketplace that provides a platform where alumni invest in students at the world's top business schools. Through the online platform, a community of alumni and other investors earn low risk, competitive returns, while postgraduate students gain access to higher education they otherwise might not have been able to finance.

Prodigy Finance considers itself a social enterprise. A large number of its student borrowers come from developing world countries. The majority of these students then return to their home countries after graduation—bringing back global business networks and learnings to develop their home regions. 

Company Growth (employees)
Type
Private
HQ
London, GB
Founded
2007
Size (employees)
132 (est)+3%
Prodigy Finance was founded in 2007 and is headquartered in London, GB

Prodigy Finance Office Locations

Prodigy Finance has offices in London, Cape Town, New York and Mumbai
London, GB (HQ)
25 Foubert's Pl

Prodigy Finance Data and Metrics

Summary Metrics

Founding Date

2007

Total Funding

$100 m

Latest funding size

$87.5 m

Time since last funding

almost 2 years

Investors

Prodigy Finance's latest funding round in August 2015 was reported to be $87.5 m. In total, Prodigy Finance has raised $100 m

Prodigy Finance Financial Metrics

Prodigy Finance's revenue was reported to be £3 m in FY, 2015 which is a 154% increase from the previous period.
Numbers are in £, GBP

Revenue (FY, 2015)

3 m

Revenue growth (FY, 2014 - FY, 2015), %

154%

Gross profit (FY, 2015)

2.4 m

Gross profit margin (FY, 2015), %

80%

Net income (FY, 2015)

(1.4 m)

Cash (31-Dec-2015)

3.1 m
FY, 2014FY, 2015

Revenue

1.2 m3 m

Revenue growth, %

154%

Cost of goods sold

313.1 k604.9 k

Gross profit

863 k2.4 m

Gross profit Margin, %

73%80%

Operating expense total

1.3 m3.8 m

Pre tax profit

(432.5 k)(1.4 m)

Net Income

(432.5 k)(1.4 m)
FY, 2013FY, 2014FY, 2015

Cash

88 k100.9 k3.1 m

Accounts Receivable

77.9 k15.3 k112.7 k

Current Assets

165.9 k151.5 k3.3 m

PP&E

128.1 k55 k2.4 m

Total Assets

294.1 k206.5 k5.8 m

Accounts Payable

102.3 k17.1 k59 k

Current Liabilities

102.3 k147.2 k4.2 m

Retained Earnings

(432.5 k)(1.4 m)

Total Equity

191.8 k59.3 k1.6 m

Financial Leverage

1.5 x3.5 x3.6 x
FY, 2014FY, 2015

Cash From Operating Activities

(300.3 k)(955.8 k)

Cash From Financing Activities

311.9 k6.4 m
Numbers are in £, GBPY, 2015

Revenue/Employee

53.8 k

Financial Leverage

3.6 x

Prodigy Finance Job Categories

Prodigy Finance Online and Social Media Presence

Prodigy Finance News and Updates

Prodigy Finance Company Life and Culture

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