MPower Financing

MPOWER Financing Summary Financials People Technology Signals & News About MPOWER Financing is a social benefit corporation financing domestic and international students. Washington, District of Columbia, United States 11-50 Venture - Series Unknown Private www.mpowerfinancing.com/ 1,327 Highlights Total Funding Amount $270M Number of Current Team Members 3 Number of Investors 21 Recent News & Activity News • Jan 27, 2021 YourStory.com — [Funding alert] Fintech startup MPOWER Financing raises $25M from Tilden Park Funding Round • Jan 26, 2021 MPOWER Financing raised $25,000,000 / Series Unknown from Tilden Park Capital Management LP Discover more funding rounds News • Jun 9, 2020 AmericanInno — Student loan startup MPower nabs $9M for more growth VIEW ALL Details Industries Finance Financial Services Higher Education Headquarters Regions Washington DC Metro Area, Southern US Founded Date 2014 Founders Emmanuel Smadja, Michael Davis Operating Status Active Last Funding Type Venture - Series Unknown Also Known As Clhuynh Company Type For Profit 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 oruniversity-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.