Prodigy Finance

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

Retrieved on: 
Friday, July 21, 2023

LONDON, July 21, 2023 /PRNewswire/ -- Prodigy Finance, a social impact driven FinTech and a leading international student loan lender, is proud to announce a $350 million facility with Citi, Schroders Capital and SCIO Capital.

Key Points: 
  • LONDON, July 21, 2023 /PRNewswire/ -- Prodigy Finance, a social impact driven FinTech and a leading international student loan lender, is proud to announce a $350 million facility with Citi, Schroders Capital and SCIO Capital.
  • The joint initiative between Prodigy Finance and their funding partners represents a significant commitment to providing accessible financial support to aspiring masters students from around the world.
  • To date, Prodigy has funded over $1.8 billion in postgraduate education loans to more than 35,000 high-potential students from over 100 different countries.
  • "We are thrilled to secure this facility from Citi, Schroders Capital and SCIO Capital, which we will deploy to enable international masters students to unlock their full potential," said Neha Sethi, CFO at Prodigy Finance.

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

Retrieved on: 
Friday, July 21, 2023

LONDON, July 21, 2023 /PRNewswire/ -- Prodigy Finance, a social impact driven FinTech and a leading international student loan lender, is proud to announce a $350 million facility with Citi, Schroders Capital and SCIO Capital.

Key Points: 
  • LONDON, July 21, 2023 /PRNewswire/ -- Prodigy Finance, a social impact driven FinTech and a leading international student loan lender, is proud to announce a $350 million facility with Citi, Schroders Capital and SCIO Capital.
  • The joint initiative between Prodigy Finance and their funding partners represents a significant commitment to providing accessible financial support to aspiring masters students from around the world.
  • To date, Prodigy has funded over $1.8 billion in postgraduate education loans to more than 35,000 high-potential students from over 100 different countries.
  • "We are thrilled to secure this facility from Citi, Schroders Capital and SCIO Capital, which we will deploy to enable international masters students to unlock their full potential," said Neha Sethi, CFO at Prodigy Finance.

Raj Rao: A Dynamic Addition to Lilt's Executive Team as Chief Financial & Operations Officer

Retrieved on: 
Wednesday, July 12, 2023

SAN FRANCISCO, July 12, 2023 /PRNewswire/ -- Lilt, the leading AI solution for enterprise translation, is thrilled to announce the appointment of Rajesh (Raj) Rao, as Chief Financial Officer and Chief Operating Officer.

Key Points: 
  • SAN FRANCISCO, July 12, 2023 /PRNewswire/ -- Lilt, the leading AI solution for enterprise translation, is thrilled to announce the appointment of Rajesh (Raj) Rao, as Chief Financial Officer and Chief Operating Officer.
  • His primary focus will be driving the financial strategy and leading operations at Lilt, contributing to the continued growth and success of the company.
  • "We are very excited to welcome Raj to our executive team, said Lilt CEO, Spence Green.
  • "Raj's exceptional financial leadership background and strong understanding of business operations make him an excellent fit for our dynamic team and the future growth of Lilt."

Prodigy Finance Releases 2022 Impact Report

Retrieved on: 
Tuesday, September 27, 2022

LONDON, Sept. 27, 2022 /PRNewswire/ -- Prodigy Finance, the pioneer in cross-border student lending, today announces the release of its 2022 Global Impact Report. The newest report highlights how the company continues to create positive impact across the globe by removing financial barriers for high potential students to access the world's best education. Leveraging research-based evidence, Prodigy's newest survey, the Impact Outcomes Survey, was designed to understand the impact of a master's degree on Prodigy-funded graduates, both professionally and personally.

Key Points: 
  • LONDON, Sept. 27, 2022 /PRNewswire/ -- Prodigy Finance, the pioneer in cross-border student lending, today announces the release of its 2022 Global Impact Report.
  • The 2022 report follows Prodigy Finance's 2021 issuance of a $288m Social ABS Bond our first - to support students to access affordable education.
  • "Our impact report is our commitment to codify our spirit and founding ethos into transparent and measurable outcomes that demonstrate our impact on society.
  • For more insights, download the full 2022 Global Impact Report at prodigyfinance.com/social-impact/invest.

Prodigy Finance Releases 2022 Impact Report

Retrieved on: 
Tuesday, September 27, 2022

LONDON, Sept. 27, 2022 /PRNewswire/ -- Prodigy Finance, the pioneer in cross-border student lending, today announces the release of its 2022 Global Impact Report. The newest report highlights how the company continues to create positive impact across the globe by removing financial barriers for high potential students to access the world's best education. Leveraging research-based evidence, Prodigy's newest survey, the Impact Outcomes Survey, was designed to understand the impact of a master's degree on Prodigy-funded graduates, both professionally and personally.

Key Points: 
  • LONDON, Sept. 27, 2022 /PRNewswire/ -- Prodigy Finance, the pioneer in cross-border student lending, today announces the release of its 2022 Global Impact Report.
  • The 2022 report follows Prodigy Finance's 2021 issuance of a $288m Social ABS Bond our first - to support students to access affordable education.
  • "Our impact report is our commitment to codify our spirit and founding ethos into transparent and measurable outcomes that demonstrate our impact on society.
  • For more insights, download the full 2022 Global Impact Report at prodigyfinance.com/social-impact/invest.

Nova Credit and Prodigy Finance Partner to Assist U.S.-Bound Students Gain Access to Student Loans

Retrieved on: 
Tuesday, May 17, 2022

For student loan providers, like Prodigy Finance, measuring potential risk level for international students can be an obstacle, especially as credit reporting differs with each country.

Key Points: 
  • For student loan providers, like Prodigy Finance, measuring potential risk level for international students can be an obstacle, especially as credit reporting differs with each country.
  • Working with international credit bureaus, Nova Credit offers student loan providers international credit data in the form of a U.S.-equivalent score to help them evaluate applications for student loans faster and more effectively.
  • We look forward to working with Prodigy Finance to unlock financing for the education of thousands of international students.
  • To learn more, visit: www.novacredit.com/business/credit-passport
    Nova Credit is on a mission to accelerate financial inclusion and help underserved communities gain access to mainstream credit.

Cyber Security Innovator Coro Secures $80M to Bring Non-Disruptive, AI-Powered Cyber Security to Every Mid-Market Business

Retrieved on: 
Tuesday, April 5, 2022

NEW YORK, April 05, 2022 (GLOBE NEWSWIRE) -- Coro, the all-in-one cyber security platform for mid-market organizations, growing businesses, and lean IT teams, today announced a $60 million Series C round of financing, with a total of $80M in funding raised in the past six months. The new round is led by Balderton Capital, with participation from existing investor Jerusalem Venture Partners (“JVP”). The funds will be used to further accelerate company growth, which has already seen significant momentum with 300% year-over-year growth for each of the past three years and into 2022. Expansion plans include aggressive hiring to triple the Coro team globally, with an emphasis on its Chicago operations.

Key Points: 
  • Expansion plans include aggressive hiring to triple the Coro team globally, with an emphasis on its Chicago operations.
  • Coro's powerful cyber security platform was built from the ground up to address the gaping cyber security holes in the mid-market and SMB segments, which are targeted by 70% of cyberattacks.
  • Coro has stepped up to protect the millions of companies neglected by the cyber security industry by removing the three barriers inherent to the status quo: price, complexity, and the need for a dedicated cyber security team.
  • More than 5,000 businesses depend on Coro for holistic security protection, unrivaled ease of use, and unmatched affordability.

Balderton Capital Raises New $600m Early-stage Fund to Back Europe’s Next Wave of Breakout Tech

Retrieved on: 
Wednesday, November 17, 2021

Balderton Capital is a very different firm than it was 12 months ago.

Key Points: 
  • Balderton Capital is a very different firm than it was 12 months ago.
  • Our transition from Europes leading Series A investor to a multi-stage fund gives us more firepower and flexibility and helps us to uncover more hidden gems among Europes startups.
  • The launch of Fund VIII marks 21 years of seed and Series A investing at Balderton.
  • Balderton Capital is Europes leading venture firm focused exclusively on backing the best European-founded technology companies.

Prodigy Education Expands its Market Leadership in Game-Based Learning to English Language Arts

Retrieved on: 
Tuesday, October 26, 2021

Teachers and parents who use Prodigy Math have regularly asked us to expand our unique approach to game-based learning to English.

Key Points: 
  • Teachers and parents who use Prodigy Math have regularly asked us to expand our unique approach to game-based learning to English.
  • As with Prodigy Math, all in-game educational content for Prodigy English will be completely free-to-access for students everywhere.
  • All in-game educational content within Prodigy Math and Prodigy English games is completely free-to-access, with all teacher accounts also free.
  • Education content for Prodigy English early access will include ELA curriculum for reading grades 1-5.

Renowned SaaS expert and business leader Dave Kellogg joins Balderton Capital as its first Executive in Residence

Retrieved on: 
Thursday, September 16, 2021

Dave brings more than a decades experience at each of the CEO, CMO, and independent director levels across some of the worlds leading SaaS and enterprise software firms.

Key Points: 
  • Dave brings more than a decades experience at each of the CEO, CMO, and independent director levels across some of the worlds leading SaaS and enterprise software firms.
  • I previously worked with Dave for a decade and know first hand the value he will be able to offer.
  • He is the author of the highly regarded Kellblog where he covers topics including strategy, management, planning, go-to-market, marketing, and SaaS metrics.
  • Balderton Capital is Europes leading venture firm focused exclusively on backing the best European-founded technology companies.