What is Future Finance?
Future Finance is a UK-based financial services provider specializing in competitive, tailored finance products for students and young professionals. Their core offerings include student loans ranging from £2,000 to £40,000 for tuition and living expenses, and personal loans of £2,000 to £10,000 for recent graduates. A key differentiator is their proprietary underwriting platform, which assesses not only traditional credit data but also an applicant's future potential. The company is authorized and regulated by the Financial Conduct Authority in the U.K.
How much funding has Future Finance raised?
Future Finance has raised a total of $271.1M across 3 funding rounds:
Private Equity
$27.3M
Debt
$143.8M
Debt
$100M
Private Equity (2016): $27.3M with participation from 1/0 Capital, Ridge Road Partners, Colchis Capital, Fenway Summer Ventures, QED Investors, and DW Partners
Debt (2016): $143.8M led by Goldman Sachs Group
Debt (2018): $100M supported by Waterfall Asset Management
Key Investors in Future Finance
Waterfall Asset Management
Waterfall Asset Management, founded in 2005, is an SEC-registered institutional asset manager with a focus on structured credit and private equity investments, based in New York City.
1/0 Capital
1/0 Capital is an innovative venture capital firm based in New York City that focuses on investing in growth-stage companies, aiming to support and nurture businesses poised for expansion.
Ridge Road Partners
RidgeRoad specializes in buying and building businesses with an owner-operator mentality aimed at long-term value creation, adopting a flexible approach to identify and seize opportunities.
What's next for Future Finance?
The recent major strategic investment signals a new phase of growth for Future Finance, likely focused on scaling its operations, enhancing its proprietary platform, and expanding its market reach within the UK. This capital infusion is expected to bolster their ability to underwrite a larger volume of loans and further refine their unique assessment methodology, positioning them for continued expansion in the student and graduate finance market.
See full Future Finance company page
