
MPOWER Financing
Founded Year
2014Stage
Line of Credit | AliveTotal Raised
$559.03MLast Raised
$150M | 5 mos agoAbout MPOWER Financing
MPOWER Financing operates as a financial technology company. It specializes in educational loans to international students who do not fit the traditional credit criteria of banks or lenders. It offers educational loans and scholarships in categories such as women in science, education, technology, and management (STEM), refugee scholarship, and more. The company was founded in 2014 and is based in Washington, DC.
MPOWER Financing's Products & Differentiators
MPOWER Education Refinance Loan
Financial Freedom for You and Your Family Our Refi product solves a key pain point for international student graduates - principally that few (if any) options exist that give graduates the power of financial freedom to their friends or family who cosigned or provided collateral for their original education loan. Refinancing an education loan with MPOWER allows international students to release their friend or family who cosigned their loan or put up the collateral cosigner, helping them on their education journey, while also lowering their monthly payment (via a lower interest rate) and building a US-based credit history
Research containing MPOWER Financing
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned MPOWER Financing in 1 CB Insights research brief, most recently on Nov 5, 2020.
Expert Collections containing MPOWER Financing
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
MPOWER Financing is included in 3 Expert Collections, including Education Technology (Edtech).
Education Technology (Edtech)
2,799 items
These companies offer tech-enabled solutions that facilitate education and learning for people of all ages, from pre-K to adult and professional education.
Digital Lending
2,169 items
This collection contains companies that provide alternative means for obtaining a loan for personal or business use and companies that provide software to lenders for the application, underwriting, funding or loan collection process.
Fintech
8,086 items
Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.
Latest MPOWER Financing News
Sep 7, 2023
THe CEO and Co-Founder of MPOWER Financing, Manu Smadja, discusses the unique challenges underwriting international students and why their is so much demand for their loans.
MPOWER Financing Frequently Asked Questions (FAQ)
When was MPOWER Financing founded?
MPOWER Financing was founded in 2014.
Where is MPOWER Financing's headquarters?
MPOWER Financing's headquarters is located at 1101 Connecticut Avenue North West, Washington.
What is MPOWER Financing's latest funding round?
MPOWER Financing's latest funding round is Line of Credit.
How much did MPOWER Financing raise?
MPOWER Financing raised a total of $559.03M.
Who are the investors of MPOWER Financing?
Investors of MPOWER Financing include Goldman Sachs, Drakes Landing Associates, Pennington Partners & Co., Tilden Park, King Street Capital and 23 more.
Who are MPOWER Financing's competitors?
Competitors of MPOWER Financing include Prodigy Finance.
What products does MPOWER Financing offer?
MPOWER Financing's products include MPOWER Education Refinance Loan and 1 more.
Compare MPOWER Financing to Competitors

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