The Daily Telegraph

Loan firm has an American dream

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A company that provides postgradua­te loans to internatio­nal business students has raised $240m (£186m) to expand in the US. Prodigy Finance, which has already provided $325m of loans to 7,100 students since starting 10 years ago, has raised $200m in debt from Deutsche Bank and $40m from venture capitalist­s.

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