Prodigy Finance Limited, incorporated in the UK with its registered address on Great Portland Street, London, lends to international students for masters study abroad without a co-signer or collateral. It says its story began in 2007 with three INSEAD students and that it has funded more than 47,000 international masters students; it lists more than 150 countries supported. It is authorised and regulated by the Financial Conduct Authority for certain consumer credit activities.
For institutions, it offers a secure administrator portal where staff can follow the status of enrolled students’ loan applications, verifiable loan confirmation letters, and School Spotlight pages for promoting graduate programmes. The company says working with it is free and needs no formal agreement, and that it has partnered with more than 1,800 schools worldwide. Testimonials come from ESMT Berlin and Stevens Institute of Technology.