Future Finance, a London, UK-based private student lender, recently closed a €40m Series C round of venture capital financing.
The internal round was led by KCK with participation from S-Cubed, Invus, Fenway Summers and other existing shareholders.
The company, which has raised nearly €90m in equity and £150m in debt, will support Future Finance’s effort to scale and hire top talent in London, Dublin, and Chicago. Hiring will focus on top software engineering and data science/analytics talent.
Led by CEO Alex King, Future Finance is a student lender providing competitive tailored loans to UK students whose government loans and bursaries are insufficient to cover higher education costs.
The company is authorized and regulated by the Financial Conduct Authority in the U.K. Firm Reference Number is 719436.