Prodigy Finance Raises $750M to Fund the Education of Graduate Students.
Prodigy Finance’s commitment to making university education available for every deserving student is beginning to take shape. Doubling down on its goal to make those bold claims a reality, Prodigy followed up its fundraiser of $250 million from the U.S. International Development Finance Corporation with a second fundraiser of $500 million from CPP Investments.
"We are confident that this funding will prove instrumental in transforming the future of numerous deserving students across the Indian subcontinent who otherwise would never have been able to follow their dreams of studying in a top foreign university.” —Mayank Sharma, country head for Prodigy Finance India
What is Prodigy Finance?
Prodigy Finance offers education loans to master’s students, without the need for security, co-signer, or guarantor. The company has helped more than 20,000 students in 150 countries, from more than 850 schools, and funded nearly $1 billion in total.
What does this mean for you?
This new round of funding sets the foundation for Prodigy to accomplish its next big goal — to help fund 25,000 graduate students every year! These funds will be used to grant loans to post-graduate students, particularly those from low-income and lower-middle-income countries, women in particular.
Prodigy has helped international students like Agnes Voutsinou from Greece fund her master’s education:
“I knew that Prodigy [Finance] has helped many students and the process also was very easy, they pre-approved my loan very quickly so everything was looking smooth — you know, it helped me finalize my decision to pursue an MBA, otherwise I wouldn’t have been able to do it.”
Get started on funding your future with Prodigy Finance today! Start your application now.
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