Prodigy Finance, a global higher education finance company, has secured financing of up to $310 million through a commitment from the US International Development Finance Corporation (DFC).
The round sets a minimum financing threshold of 30% for women and 50% for those from low, and lower-middle-income countries, aligning closely with Prodigy Finance’s mission to enable equal access to transformative education worldwide.
“Partnering with DFC highlights Prodigy Finance’s unwavering dedication to forging impactful, long-term relationships with those who truly understand the transformative potential of international postgraduate education. Together, we’re empowering a new generation of global leaders to unlock opportunities that shape a brighter future,” said Neha Sethi, Chief Financial Officer, Prodigy Finance.
Since its inception in 2007, Prodigy Finance has funded over $2.3 billion in postgraduate education loans to over 43,000 students from more than 150 countries across the globe.
