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Prodigy Finance secures $310M financing from DFC

  • Prodigy Finance, a global higher education finance company, has secured financing of up to $310 million with a funding commitment from the US International Development Finance Corporation (DFC).
  • The financing prioritizes social impact, with at least 30% of the funding allocated to women and 50% to individuals from low- and lower-middle-income countries.
  • Prodigy Finance's borderless lending model allows students to apply for loans based on their future earning potential rather than their current circumstances or credit history.
  • Since its founding in 2007, Prodigy Finance has disbursed over $2.3 billion in funding to more than 43,000 postgraduate master's students from over 150 countries.

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