Prodigy Finance, a London, UK-based international postgraduate student lending platform, raised over £100m investment.
The total amount included a loan from Credit Suisse, and a £12.5m equity investment round led by Balderton Capital, which also included Betfair cofounder and angel investor Ed Wray.
The company will use the funds to expand operations, hiring new people and boosting lending capacity.
Led by Cameron Stevens, Founder and CEO, Prodigy Finance provides postgraduate student loans to international students to attend a top business school. These loans are collectively funded by a community of alumni, institutional investors and qualified private investors.This allows borrowers to gain access to higher education that they might not otherwise be able to finance, and the investing community to earn a financial and social return through their investment in higher education.