This company’s platform, available in 150 countries, has facilitated loans totalling more than $505m for 10,300 students, helping to fund postgraduate studies at the likes of Imperial College London, Insead and Harvard. Its technology assesses loan applications based on variables such as projected earnings, rather than historical credit rating. It funds the loans through a community of university alumni and private and institutional investors. Chief executive Cameron Stevens, 40, started the firm in 2007 and it has raised $240m from investors, including Balderton Capital and Index Ventures. Sales, which represent loan origination and servicing fees, grew to £10.3m last year.

This profile reflects the company at time of publication and does not reflect any changes that may have subsequently occurred. Fast Track and its sponsors do not endorse, guarantee or recommend investment in any of the companies.

Company details
Year2018
Rank33
CompanyProdigy Finance
ActivityStudent finance provider
LocationCentral London
Average 3 year sales growth105.94%
Latest sales £000s*10,273
Staff133
Founded2007
Websitewww.prodigyfinance.com

If applicable:

* supplied by company † annualised figure