Prodigy Finance

Prodigy Finance funds international students to attend the world's top ranked business schools.

Through an 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. Since 2007, Prodigy Finance has disbursed in excess of $75m to students from 92 nationalities, with a repayment rate of over 99% across the total portfolio.

Prodigy Finance considers itself a social enterprise. 75% of its student borrowers come from developing world countries and 34% hail from BRIC nations alone. 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. So far, Prodigy Finance has funded at least 8 entrepreneurs who have created jobs in, India, Canada, and the UK.

Type
Private
HQ
London, GB
Founded
2007
Employees
103 (est)+7%
Prodigy Finance was founded in 2007 and is headquartered in London, GB

Prodigy Finance Locations

London, GB
Cape Town, ZA
New York, US
Mumbai, IN

Prodigy Finance Metrics

Prodigy Finance Summary

Founding Date

2007

Total Funding

$100 M

Latest funding size

$87.5 M

Time since last funding

over 1 year

Investors

Prodigy Finance's latest funding round of $87.5 M was in August 2015. In total, Prodigy Finance has raised $100 M.

Prodigy Finance Financials

Prodigy Finance's revenue was £2.99 M in FY, 2015 which is 153.92% increase from the previous period.
FY, 2014FY, 2015

Revenue

£1.18 M£2.99 M

Revenue growth, %

153.9%

Cost of sales

£313 K£605 K

Gross profit

£863 K£2.38 M

Gross profit Margin, %

73.4%79.7%

Operating expense total

£1.3 M£3.83 M
37% of current employees of Prodigy Finance are female and 63% are male.

Prodigy Finance Online Presence

Prodigy Finance News

Prodigy Finance Company Life

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