Prograd offers an AI-enabled, compliant and explainable credit-scoring marketplace aimed at helping younger users understand personal finance and find tailored routes to meet financial goals. Since launching in August 2022 the platform has connected over 15,000 users with earning, saving and credit opportunities from partners including Santander, Revolut, Starling, Fiverr and IndeedFlex. The startup is preparing to release a consumer app and plans to use new funding to ramp up marketing, development and its algorithm-based products. Prograd emphasizes personalization and financial literacy as core problems in consumer finance and targets solutions that bridge the gap between banks and customers. The company traces its recent roots to an autumn 2021 Techstars cohort and was founded by Ethan Fraenkel and Marco Logiudice after their own struggles finding sustainable financing for graduate study.

Total raised

$3M

Funding rounds

1

Latest round

Seed

Latest activity

Jan 2023