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The Prodigy Finance Story

Prodigy Finance is founded on the philosophy that funding shouldn’t be a barrier to education.

It’s a new approach that’s led to us starting a lot of conversations and winning awards, including "Best Overall Peer-to-Peer Lending Platform" from the FinTech Breakthrough Awards.

Check out our latest press coverage below, or access our media assets including a fact sheet about us, press releases, and case studies of students we’ve been able to support.

Our latest press releases

Prodigy Finance Launches $30 Million Blended Finance Programme to Enable the Next Generation of African Leaders

September, 10 2024

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Prodigy Finance Establishes another $350 Million Facility for International Masters Students with Citi, Schroders Capital, and SCIO Capital

July, 14 2023

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Prodigy Finance secures $750 million funding to expand into new markets as it sees applications jump 50% year-on-year

July, 19 2021

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Prodigy Finance Names Dr. Judith Rodin as Chair

June, 18 2018

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Read about us in the news

PRODIGY FINANCE ISSUES $228M OF INVESTMENT-GRADE ASSET-BACKED SECURITIES

ALTFI - July, 19 2022

Prodigy’s issuance – the first to be made under the company’s Social Bond Framework – sees huge demand as it introduces major public market investors and asset managers to the firm for the first time More

THIS FINTECH HELPS POST-GRAD STUDENTS FUND COURSES AT THE LIKES OF HARVARD AND INSEAD. HERE'S HOW THEY JUST RAISED $750M

BUSINESS INSIDER - September, 23 2021

Student Finance startup Prodigy Finance has raised a new debt facility. The $750 million deal comes from CPP Investments and US development bank, DFC. More

PRODIGY FINANCE NAMED AMONG TOP FINTECH STARTUPS IN UK 2020

TRACXN.COM - July, 01 2020

We're delighted to be recognised, even with some slightly out of date stats attributed! (We have now disbursed in excess of $1 billion to over 20,000 students from 115 countries) More

PRODIGY FINANCE EXPANDS STEM OFFERING

THE PIE NEWS - March, 02 2020

Graduate student loan provider Prodigy Finance has added more than 1,000 new postgraduate courses to its loan offer as it responds to an increase in demand for STEM programs. More

MBA FEES: INNOVATIVE WAYS TO REDUCE THE RISING COST

FINANCIAL TIMES - January, 26 2021

The high fees demanded by her conventional bank encouraged Rodrigues to turn to Prodigy Finance, a specialist lender for postgraduate international students. More

PRODIGY FINANCE HELPS INTERNATIONAL GRADUATE STUDENTS OBTAIN LOANS WHILE INVESTORS GAIN ACCESS TO A UNIQUE ASSET CLASS

CARDRATES.COM - January, 13 2020

Despite the opportunities students have to join programs all over the globe, paying for an education abroad can present some unique challenges. More

PRODIGY FINANCE LAUNCHES P2P STUDENT HEALTHCARE LOANS

P2P FINANCE NEWS - May, 01 2019

Prodigy Finance has launched a new loan product to help international students pursuing dental, nursing or public health postgraduate degrees in America. More

HOW THE FORCES OF FINANCE FUND MBAS

FINANCIAL TIMES - May, 01 2019

Prodigy Finance, which has so far made $750m in loans, is a case study of an emerging relationship between higher education and the global financial industry. More

HOW INTERNATIONAL STUDENTS CAN AFFORD A $95,000 CANADIAN MBA GLOBE AND MAIL

GLOBE AND MAIL - March, 20 2019

Lenders such as Prodigy Finance not only bankroll overseas students, but they also deliver a side benefit to Canadian business schools – a more diverse classroom. More

BEST STUDENT LOAN REFINANCE COMPANIES

NERDWALLET - March, 20 2019

Ultimately, the best student loan refinance company is the one that can reduce your rate the most. The lower your rate, the more you’ll save monthly and long term. More

THESE ARE THE 15 EUROPEAN FINTECHS VCS THINK WILL BLOW UP IN 2019

BUSINESS INSIDER - March, 19 2019

Business Insider spoke with some of the most prominent voices in venture capital to pick out the most exciting companies in European financial technology industry this year. More

HELPING FOREIGN STUDENTS COVER THE HIGH PRICE OF AN MBA

BLOOMBERG BUSINESSWEEK - March, 08 2019

Student debt refinancing is the newest product from Prodigy Finance, a business with offices in Cape Town, London, and New York that’s betting on foreign students with high earnings potential. More

NONDISRUPTIVE CREATION: RETHINKING INNOVATION AND GROWTH MIT SLOAN MANAGEMENT REVIEW

MIT SLOAN MANAGEMENT REVIEW - February, 21 2019

It’s time to dispel the myth that innovation must be disruptive. Nondisruptive creation is an alternative path to growth. More

INTERVIEW WITH WHITNEY MORGAN, CHICAGO BOOTH ALUM

POETS & QUANTS - February, 21 2019

Whitney Morgan began her MBA at Chicago Booth in 2012, and is now responsible for regional partnerships at Prodigy Finance, which is helping to reshape financing of MBA studies. More

PRODIGY FINANCE EXPLAINS HOW TO INVEST IN STUDENT DEBT

WHAT INVESTMENT - February, 08 2019

Neha Sethi, director of capital markets at Prodigy Finance explains how to invest in student debt. More

PRODIGY FINANCE STUDENT LOAN REFINANCING REVIEW

FINDER.COM - January, 15 2019

Refinancing, or trading in your student loans for another one with more favorable rates and terms, can be a great way to save. More

PRODIGY FINANCE: INVESTING IN FUTURE LEADERS

FINANCIAL TIMES - January, 08 2019

Funding is often the barrier to higher education for students from emerging economies whose only access to quality tuition is overseas. More

PRODIGIOUS PROGRESS

EDUCATION INVESTOR - January, 01 2019

Prodigy Finance has spearheaded a workable loans scheme for international students that has won the backing of leading global investors, securing $1 billion in the last year alone. More

MBA NEWS YOU NEED: IESE LAUNCHES MIM PROGRAM, PRODIGY FINANCE HELPS INTERNATIONAL WORKING GRADUATES, HBS HOSTS FINANCIAL CRISIS CONFERENCE, AND MORE

CLEAR ADMIT - November, 21 2018

Prodigy Finance’s new cross-border finance product promises to help international working graduates refinance their student loans. More

HOW TO REFINANCE STUDENT LOANS FOR NON-U.S. CITIZENS

STUDENT LOAN HERO - November, 19 2018

If you’re not a citizen or a permanent resident, you could still have access to international student loan refinancing. More

PRODIGY FINANCE OFFERS LOAN REFINANCING FOR EXPAT GRADUATES

EDUCATION INVESTOR - November, 15 2018

Prodigy Finance has launched a loan refinance product aimed at expat graduates living in the UK or US who are looking to reduce their student debt. More

FINTECH OFFERS FRESH WAYS TO FINANCE AN MBA

FINANCIAL TIMES - October, 15 2018

Cameron Stevens hit a snag when he tried to take out a loan to pay for his MBA at Insead in France in 2005. More

PRODIGY FINANCE PASSES BILLION DOLLAR MARK

THE PIE - September, 28 2018

Private student finance firm Prodigy Finance has raised US$1bn in the past year, which CEO Cameron Stevens said will allow even more students “with limited or no funding” to take part in mobile study. More

FINTECH FIRM PRODIGY FINANCE GETS R14 BILLION IN DEBT FINANCING

NEXT BILLION - September, 27 2018

Prodigy Finance, the UK-based pioneer in cross-border finance founded by a South African entrepreneur, on Monday announced it has raised R14.39 billion in the last twelve months. More

PRODIGY TOPS $1 BILLION IN DEBT FOR INTERNATIONAL STUDENT LENDING

IMPACTALPHA - September, 25 2018

Prodigy, based in the U.K., launched in 2007 to help international students secure education loans to attend university outside of their home countries. More

PRODIGY FINANCE SECURES $1BN IN DEBT FINANCING

BUSINESS LEADER - September, 25 2018

Prodigy Finance, the pioneer in cross-border finance, announces that it has raised $1bn in the last twelve months in available debt financing. More

PRODIGY FINANCE RAISES OVER R14BN IN NEW DEBT FINANCING ROUND

VENTUREBURN - September, 25 2018

UK-based fintech Prodigy Finance — founded by SA entrepreneur Cameron Stevens — announced today that it has raised R14.39-billion in the last 12 months in debt financing. More

CROSS-BORDER STUDENT LOAN LENDER PRODIGY FINANCE RAISES $1B IN DEBT FINANCING

FORBES - September, 24 2018

Prodigy Finance, the U.K. fintech that provides financing to international postgraduate students, reached a milestone: $1 billion in financing in twelve months. More

STUDENT LENDING FINTECH PRODIGY SECURES $1BN IN DEBT CAPITAL

ALTFI - September, 24 2018

The student lending specialist has raised the money over the last 12 months from investors including Deutsche Bank, Goldman Sachs, M&G Investments and Sumitomo Mitsui Banking Corporation. More

PRODIGY FINANCE RAISES £760M IN DEBT FINANCE

PEER2PEER FINANCE NEWS - September, 24 2018

UK-BASED peer-to-peer lender Prodigy Finance has secured $1bn (£761m) in available debt finance as it aims to expand its student funding programme. More

EDUCATION WITHOUT BORDERS: HELPING PROMISING INTERNATIONAL STUDENTS GAIN ACCESS TO U.S. UNIVERSITIES

NEXT BILLION - September, 24 2018

Why in this day and age — with globalization moving forward at such a rapid pace — is it so difficult for even top international students to secure a loan? More

BORDERS SHOULDN’T PREVENT STUDENTS FROM REALIZING THEIR POTENTIAL

BANKLESS TIMES - July, 18 2018

Why in this day and age — with globalization moving forward at such a rapid pace – is it so difficult for even top international students to secure a loan? More

WHY ARE SOUTH AFRICANS NOT APPLYING TO BUSINESS SCHOOL?

BUSINESS BECAUSE - July, 16 2018

South Africa struggles with its candidate pipeline for graduate business school programs, but recent data shows things are starting to change. More

RECENT MOVERS & SHAKERS

THE PIE - July, 16 2018

Prodigy Finance, a global lending platform that provides postgraduate loans to international students, has appointed Judith Rodin to the board as Chair. More

PODCAST 158: CAMERON STEVENS AND JOEL FRISCH OF PRODIGY FINANCE

LEND ACADEMY - July, 13 2018

The CEO of Prodigy Finance and their Head of Americas talk about the challenges of building a business serving international students. More