Thursday
September 27
2018

FinTech Firm Prodigy Finance Gets R14 Billion In Debt Financing

Prodigy Finance, the UK-based pioneer in cross-border finance founded by a South African entrepreneur, on Monday announced it has raised R14.39 billion in the last twelve months in available debt financing.

The financing, which includes a number of leading financial institutions, will allow the company to expand its innovative global credit model, which supports high potential students from across 150 countries.

Prodigy Finance is a diamond member of AlphaCode, a club for FinTech entrepreneurs.

Photo courtesy of Pexels.com.

Source: TechFinancials (link opens in a new window)

Categories
Finance
Tags
debt, financial services, fintech