MPOWER Financing

MPOWER Financing is a mission-driven fintech firm and a leading provider of non-cosigned loans to promising students from around the world.

MPOWER Financing offers an opportunity for international students to borrow money to attend school in the U.S. or Canada without needing a co-signer.

MPOWER Financing was founded in 2014 by Manu Smadja and Michael Davis. The company is headquartered in Washington, DC, with offices in New York and Bangalore, India.

 

MPOWER offers scholarships and loans along with additional services designed to meet the unique needs of students and graduates like you. The company's growing portfolio of student loans issued to international and DACA students attending one of 400+ leading colleges and universities across the U.S. and Canada.

 

MPOWER leverages its cross-border digital lending platform, big data, and global infrastructure to finance the millions of high-promise international and DACA students in North America.

 

MPOWER works with over 400 top universities across the U.S. and Canada to provide financing to students from over 200 countries. MPOWER was named by American Banker as a top fintech to work for (2018, 2019, and 2020), and its product was rated as top in its class by Nerdwallet and U.S. News.

 

MPOWER is backed by Goldman Sachs, Tilden Park Capital Management, ETS Strategic Capital, Breega, King Street Capital Management, Drakes Landing Associates, Deutsche Bank NY, and others. The company secured a $150M in loan facility on May 08, 2023. This brings MPOWER's total funding to $509.5M to date.

 

 

  • Year founded: 2014
  • Funding Info: $509.5M over 11 Rounds (Latest Funding Type: Debt)
  • Yearly Revenue: NA
  • Employee Size: 51-200
  • Business Valuation: NA
  • City/Town: Washington
  • State: District of Columbia
  • Country: United States
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