About Prodigy Finance
Prodigy Finance is a Financial Services company based in London (United Kingdom) founded in 2007 by David Stevens. Community loans are offered online to international business school students. It operates in the Financial Services and Education sectors. Prodigy Finance has raised $160.74 million across 13 funding rounds from investors including Goldman Sachs, Deutsche Bank and Citi. Prodigy Finance was last valued at $370.31 million in December 2020. Its website prodigyfinance.com draws about 261 thousand monthly visits. Prodigy Finance offers products and services including Student Loans, Co-signer Loans, and Loan Calculator. Its focus areas include EdTech, Higher Education Tech, Admissions Support for Students and Loans. Its legal entity is Prodigy Finance Limited. Its competitors include Lendwise, StudentFunder and EdAid; 2 of its 3 listed competitors have raised funding.
Company details
Prodigy Finance provides loans to international students who enroll in business schools. The loans are funded by institutional investors, alumni and qualified private investors. The coupon repayments are made quarterly after a grace period of 6 to 9 months. Since 2007, Prodigy Finance has disbursed in excess of 86M to over 2059 students from 92 nationalities, with a 99.1 repayment rate. Prodigy Finance considers itself a social enterprise. 75 of its student borrowers come from developing world countries and 34 hail from BRIC nations alone. In August 2015 company raised 12.5M in equity funding and 87.5M in debt funding from Balderton Capital and Credit Suisse respectively.
- Headquarters London, United Kingdom
- Founders David Stevens
- Stage Minicorn
- SectorsFinancial ServicesEducation
- Website category Science and Education · Universities and Colleges
- Email••••••••
- Phone•••• ••••
- Website prodigyfinance.com
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Prodigy Finance Limited
- Total Equity Funding$160.74M (USD)
in 13 rounds
- Latest Funding Round$310M (USD), Debt – Conventional
Nov 2024
- InvestorsGoldman Sachs
& 13 more
Products & Services of Prodigy Finance
Prodigy Finance offers a comprehensive portfolio of products and services, including Student Loans, Co-signer Loans, and Loan Calculator.
Offers loans for international masters students without collateral requirements.
Provides loan options with co-signers for eligible students worldwide.
Tool to estimate loan eligibility and repayment amounts quickly.
Apps and channels of Prodigy Finance
Prodigy Finance publishes 2 mobile apps with over 100K+ downloads; its YouTube channel Prodigy Finance has 5.32K subscribers and 30 videos.
Videos from Prodigy Finance
The most watched videos on Prodigy Finance's YouTube channel, Prodigy Finance (5.32K subscribers). Click a video to play it here.
More on Prodigy Finance .
Funding Insights of Prodigy Finance
Prodigy Finance has successfully raised a total of $160.74M across 13 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $310 million completed in November 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $160.74M
- Total Rounds 13
- Last Round Debt – Conventional — $310M
- First Round $7.6M
(Dec 2014)
- Investors Count 14
Latest 10 of 13 funding rounds of Prodigy Finance with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2024 | $310M | Debt – Conventional | – | – | |
| Jun 2023 | $350M | Debt – Conventional | – | – | |
| Sep 2021 | $750M | Debt – Conventional | – | – | |
| Jan 2021 | $2M | Series C | – | – | – |
| Dec 2020 | $19.79M | Series C | $370.31M | – | – |
| Apr 2020 | $4.36M | Series C | $272.6M | – | – |
| Jul 2019 | $41.24M | Series C | $••••• | – | – |
| Sep 2018 | $995.04M | Debt – Conventional | – | – | |
| Aug 2017 | $200M | Debt – Conventional | – | – | |
| Jan 2017 | $66.2M | Series C | – | Index Ventures |
| Date | Valuation | Stage |
|---|---|---|
| Dec 2020 | $370.31M | •••••••• |
| Apr 2020 | $272.6M | •••••••• |
| Jul 2019 | $••••• | •••••••• |
| Dec 2014 | $••••• | •••••••• |
Full valuation and stage history of Prodigy Finance
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
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Verified entity values are shown only after access is granted.
Last known valuation $370.31M (Dec 2020). 14 investors in total: 14 institutional.
Investors in Prodigy Finance
Prodigy Finance has secured backing from 14 investors, including venture fund and institutional investors. Prominent investors backing the company include Goldman Sachs, Deutsche Bank and Citi.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government agency supporting the development of SMEs | 2019 | dfc.gov | ||
Investment banking services are delivered across multiple financial sectors. | 1869 | goldmansachs.com | New York, United States | |
Diversified asset management firm and private fund focused on debt and equity investments in climate startups, real estate, and multiple sectors | 1931 | mandg.com | London, United Kingdom | |
Venture capital investments in technology startups and entrepreneurs. | indexventures.com | |||
Multistage venture capital investments are focused on technology sectors. | 2000 | balderton.com | London, United Kingdom | |
Commercial banking and financial services are provided globally. | 1812 | citi.com | New York, United States | |
Manages private equity, real estate, and infrastructure investments for various investors. | 1997 | schroderscapital.com | London, United Kingdom | |
SCIO Capital is engaged in asset-based private credit management. | scio-capital.com | London, United Kingdom | ||
Pension fund assets are managed for sustainable long-term growth. | 1997 | cppinvestments.com | Toronto, Canada | |
Diversified banking and financial services are provided globally. | 1870 | db.com | Frankfurt Am Main, Germany |
Investor details for Prodigy Finance
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Prodigy Finance
50 people are tracked at Prodigy Finance (16 in leadership, 1 in board & advisors, 33 in team).
| Name | Role | Group |
|---|---|---|
David Stevens | Co-Founder | Leadership |
Cameron Stevens | Co-Founder & CEO | Leadership |
Riane Corter | Associate Director Of University Relations | Leadership |
Jenna Bisset Moolman | Head Of Talent | Leadership |
Nico Barnard | COO | Leadership |
Sonal Kapoor | Global Chief Commercial Officer | Leadership |
Edward Baker | Head Of Securitisation, Capital Markets Director | Leadership |
Mariana Alcocer | Head Of Strategy | Leadership |
Neha Sethi | Chief Financial Officer | Leadership |
Wessel Pieters Ca (SA) | Vice President Finance | Leadership |
Kim Michael | Junior People Business Partner | Leadership |
Massimo di Michele | Director, Capital Markets | Student Loans | Forward Flow | Impact Investing | Portfolio Management | Leadership |
Kristin Rhoode | Vice President Of Operations & Customer Success | Leadership |
Edward Wray | Director | Leadership |
Jenna Bisset Brown | Head of Talent | Leadership |
Virata Shelley | Head Of People | Leadership |
Michael Ullmann | Chairman | Board & advisors |
Sesethu Timla | Lead Associate Ops | Team |
Connah C. | Capital Markets Analyst | Team |
Stephanie Mawdsley | Customer Success & Repayments Manager | Team |
30 more people are available in the full profile.
Complete people profiles for Prodigy Finance
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Prodigy Finance
4 dated milestones of Prodigy Finance across 17 years, from founding to its latest funding, stage changes and deals.
- Founded Prodigy Finance is founded.
- Funding First funding round of $7.6M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Debt – Conventional, of $310.0M.
Competitors of Prodigy Finance
Prodigy Finance has 3 listed competitors in our database, 2 of them funded. They include Lendwise, StudentFunder and EdAid.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| lendwise.com | 2006 | London, United Kingdom | $2.4M | 5 | Online P2P lending platform | |
| studentfunder.com | 2012 | London, United Kingdom | $872,000 | Operates a peer-to-peer platform for education loans to support student funding. | ||
| edaid.com | 2011 | London, United Kingdom | 12 | Interest-free student loans are facilitated through an online marketplace. |
Detailed competitors of Prodigy Finance
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Prodigy Finance
The website of Prodigy Finance (prodigyfinance.com) receives about 260.7K visits a month and ranks #145,798 among all websites worldwide, #9,388 in Universities and Colleges.
- Monthly visits260.7K
▲ 2.7% vs previous month
- Unique visitors108.4K
per month
- Global rank#145,798
among all websites
- Category rank#9,388
Science and Education · Universities and Colleges
- Bounce rate40%
- Pages per visit4.1
- Average visit1 min 50 sec
- DevicesDesktop 41% · Mobile 59%
Websites whose visitors overlap most with Prodigy Finance. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
mba.insead.edu | mba.insead.edu | 100% | – | ||
| nomadcredit.com | 80% | 90.9K | #427,805 | View details | |
| unicreds.com | 80% | 23.7K | #1,421,655 | View details | |
| gyandhan.com | 79% | 151.9K | #275,230 | View details | |
| businessbecause.com | 74% | 144.4K | #304,290 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Prodigy Finance
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- 40 similar websites
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Verified entity values are shown only after access is granted.
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Related news about Prodigy Finance
Complete news archive for Prodigy Finance
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Frequently Asked Questions about Prodigy Finance
Prodigy Finance was founded in 2007 and raised its 1st funding round 7 years after it was founded.
Prodigy Finance is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Prodigy Finance is a funded company, having raised a total of $160.74M across 13 funding rounds to date. The company's 1st funding round was a Series C of $66.2M, raised on Dec 2014.
Prodigy Finance provides loans to international students who enroll in business schools. The loans are funded by institutional investors, alumni and qualified private investors. The coupon repayments are made quarterly after a grace period of 6 to 9 months. Since 2007, Prodigy Finance has disbursed in excess of 86M to over 2059 students from 92 nationalities, with a 99.1 repayment rate. Prodigy Finance considers itself a social enterprise. 75 of its student borrowers come from developing world countries and 34 hail from BRIC nations alone. In August 2015 company raised 12.5M in equity funding and 87.5M in debt funding from Balderton Capital and Credit Suisse respectively.
Prodigy Finance's top competitors include Lendwise, EdAid and StudentFunder.
Prodigy Finance offers Student Loans, Co-signer Loans, and Loan Calculator.
Prodigy Finance has 14 investors. Key investors include Goldman Sachs, Deutsche Bank, Citi, Credit Suisse, and Sumitomo Mitsui Banking Corporation.
The valuation of Prodigy Finance is $370.31M as of Dec 2020.
Prodigy Finance operates through Prodigy Finance Limited.
Yes. Prodigy Finance publishes Prodigy Finance and 1 more app, with over 100,000 downloads.
The website of Prodigy Finance receives about 261 thousand visits a month and ranks #145,798 among all websites worldwide.