Company Growth (employees)
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 | about 2 years |
Investors | Ed Wray, Credit Suisse, Balderton Capital |
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.
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 |
| GBP | FY, 2014 | FY, 2015 |
|---|---|---|
Revenue | 1.2 m | 3 m |
Revenue growth, % | 154% | |
Cost of goods sold | 313.1 k | 604.9 k |
Gross profit | 863 k | 2.4 m |
Gross profit Margin, % | 73% | 80% |
Operating expense total | 1.3 m | 3.8 m |
Pre tax profit | (432.5 k) | (1.4 m) |
Net Income | (432.5 k) | (1.4 m) |
| GBP | FY, 2013 | FY, 2014 | FY, 2015 |
|---|---|---|---|
Cash | 88 k | 100.9 k | 3.1 m |
Accounts Receivable | 77.9 k | 15.3 k | 112.7 k |
Current Assets | 165.9 k | 151.5 k | 3.3 m |
PP&E | 128.1 k | 55 k | 2.4 m |
Total Assets | 294.1 k | 206.5 k | 5.8 m |
Accounts Payable | 102.3 k | 17.1 k | 59 k |
Current Liabilities | 102.3 k | 147.2 k | 4.2 m |
Total Liabilities | 102.3 k | 147.2 k | 4.2 m |
Retained Earnings | (432.5 k) | (1.4 m) | |
Total Equity | 191.8 k | 59.3 k | 1.6 m |
Financial Leverage | 1.5 x | 3.5 x | 3.6 x |
| GBP | FY, 2014 | FY, 2015 |
|---|---|---|
Cash From Operating Activities | (300.3 k) | (955.8 k) |
Cash From Financing Activities | 311.9 k | 6.4 m |
| GBP | Y, 2015 |
|---|---|
Revenue/Employee | 53.8 k |
Financial Leverage | 3.6 x |
Prodigy Finance Job Categories
Market Position of Prodigy Finance
Traffic Overview of Prodigy Finance
Prodigy Finance Online and Social Media Presence
Prodigy Finance News and Updates
April 20, 2017
17 fintech businesses that could one day be worth over $1 billion
LONDON — GP Bullhound, a boutique investment bank focused on tech, on Thursday published an in-depth report looking at the global fintech industry.
The report found 39 fintech companies around the world already valued at $1 billion or over, and found that global venture capi…
March 16, 2017
The novel post-Brexit model all fintechs should get behind
With Article 50 set to be triggered imminently, the process of Britain leaving the EU is finally about to begin, with all that entails. Theresa May has set out plans for a Brexit that looks on the harder side of “hard”, worrying bankers and entrepreneurs alike. While fintech firms don’t welcome t…
February 14, 2017
Calling entrepreneurs: Be vocal about the post-Brexit visa system you need
It's the lull before the storm. On 31 March, parts of the UK’s visa system will be overhauled. When Article 50 is triggered, European nationals will be treated differently to how they are now, but Theresa May is holding her cards close to her chest – a little too close for many European nationals…
February 14, 2017
Meet Prodigy Finance: The fintech firm that went global on day one
With Trump in the White House and a hard Brexit on the horizon, protectionism is back on the menu. Many entrepreneurs are concerned about the implications for the free movement of goods, capital and people. But at a recent Leap 100 breakfast, chief executive and co-founder of Prodigy Finance, Cam…
December 15, 2016
Worldwide financial services and global fintech
New fintech companies are springing up around the world and disrupting the financial services sector.
Each of these companies brings a unique and useful service to the fintech ecosystem, which has swelled in the past couple of years. After it hit $19 billion in total in 2015…
September 14, 2016
Why it's time for "long-term fintech"
Certain areas of fintech have experienced an entrepreneurial frenzy over recent years. Sectors once dominated by traditional providers have become hotbeds of startup activity, with most of the action occurring in payments, foreign exchange, short-term lending and, more recently, current accounts.…