Prodigy Finance Raises $310 Mn Funding from DFC

The US International Development Finance Corporation (DFC) has committed to providing up to USD 310 million in funding to Prodigy Finance, a global source of financing for higher education.

This most recent investment round prioritizes social impact, expanding on their prior successful funding collaboration with DFC.

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“Together, we are empowering a new generation of global leaders to unlock opportunities that shape a brighter future,” Prodigy Finance Chief Financial Officer Neha Sethi, said.

By allocating at least thirty percent of funding to women and 50% to people from low- and lower-middle-income nations, this funding prioritizes social impact and supports Prodigy's goal of fostering diverse talent.

 Prodigy Finance makes higher education available to overseas students who might not have traditional credit records by evaluating eligibility for loans based on students' potential for future earnings through its cutting-edge borderless lending approach.

About Prodigy Finance

Founded in 2007 by Cameron Stevens and David Stevens, Prodigy Finance provides collateral-free education loans for international master's students to pursue their dream degrees at the world’s best schools. 

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