Tagged: prodigy finance

Prodigy Finance Acquires $750M in Capital to Expand into New Regions

Prodigy Finance, the Fintech firm that’s focused on cross-border lending for postgraduate international students, has finalized a funding deal from CPP Investments – which will see the institutional investor offer as much as $500 million of financing via its wholly-owned subsidiary CPPIB Credit Investments Inc….. Read More

Prodigy Finance Issues $288M Student Loan ABS

UK-based post-graduate education lender Prodigy Finance has issued a $288 million student loan asset-backed securitization backed by $304 million of loans from its own portfolio. The issuance was rated Aa3 by Moody’s and A+ by Kroll for its $227 million of senior tranche notes Using… Read More

Higher Education Lending Platform Prodigy Finance Raises $240 Million For International Student Funding

On Monday, UK-based higher education lending platform, Prodigy Finance, announced it secured $240 million for international student funding. According to the online lender, the new investment includes a $40 million Series C equity round, led by international venture capital firm Index Ventures, with Balderton Capital… Read More

Prodigy Finance: a Global Online Lending Platform for Premium Higher Education

Where do you apply for a student loan if, like 29-year old Amit, you are an Indian engineer in his first job in London who has just been accepted at a business school in France? With no credit history, no local co-signer and no knowledge… Read More

CommonBond & Prodigy Finance form Partnership on Post Grad Loans for International Students

The US is a magnet for foreign students looking for a superior education and a boost to their career.  Yet these same international students frequently need to borrow to pay for school just like the legions of domestic students. CommonBond, a direct lending platform that… Read More

Prodigy Finance & Credit Suisse Launch World’s First Education Note

New Bond Facilitates Developing World’s Students’ Financial Access to Higher Education Prodigy Finance, the leader in international student lending, announced the launch of a $25 million Education Note in partnership with the Credit Suisse Impact Investing and Microfinance team, led by Patrick Elmer, Philanthropy Services & Responsible… Read More

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