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MPOWER Financing Stock

Private Student Loan Provider

Founded

2019

Notable Investors

Goldman Sachs

Headquarters

Washington DC, US

Total Funding

$375M

About MPOWER Financing Stock

MPOWER is a US-based lender offering student loans to international students studying in the US or Canada without requiring a co-signer, collateral, or US credit history because our proprietary credit algorithm focuses on future potential. MPOWER disburses payments directly to the university on behalf of the students to pay for tuition or university-sponsored services like housing, meal plans, or health insurance. Students start paying back the loan within 6 months after graduation. The loan comes with interest discounts, free personal finance education courses, credit-building, and a job placement service for the students.

Investors

1776 Ventures

MPOWER Financing

Baltimore Angels

MPOWER Financing

Breega Capital

MPOWER Financing, Curve

Chilango Ventures

MPOWER Financing

Community Investment Management

MPOWER Financing, Kenzie Academy

Dreamit Ventures

MPOWER Financing, Meerkat

Fresco Capital

MPOWER Financing

Goal Structured Solutions

MPOWER Financing

Gray Matters Capital

MPOWER Financing, d.light design

Potencia Ventures

MPOWER Financing

University Ventures

MPOWER Financing

VilCap Investments

MPOWER Financing

Village Capital

MPOWER Financing

Zephyr Management

MPOWER Financing

Zephyr Peacock India

MPOWER Financing

Funding History

August 2015$5.5M
October 2015$4.0M
October 2016$6.0M
June 2017$500K
November 2018$10.0M
December 2018$100M
August 2019$100M
January 2020$10.0M
June 2020$9.0M
January 2021$25.0M
March 2021$5.0M
July 2021$100M

Management

Chief Executive Officer

Emmanuel Smadja

Chief Financial Officer

Bob Alexander

Press

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