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MPOWER Financing logo — Student loans and scholarships for international and DACA st...

MPOWER Financing

Student loans and scholarships for international and DACA students | Empowering global citizens for global change

Founded 2014 United States United States 361 employees Debt Financing Total: $285.00M Finance, Financial Services +2

General Information

Company Name MPOWER Financing
Founded Year 2014
Location United States United States
Employees 361
Industries Finance, Financial Services, Fintech +1
Funding Stage Debt Financing
Social

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About MPOWER Financing

MPOWER Financing is a fast-growing fintech startup that aims to make education accessible to international and DACA students. Their cross-border digital lending platform, big data utilization, and global infrastructure enable them to finance millions of high-promise students in North America. The company has garnered significant recognition, being named a top fintech to work for by American Banker multiple times, with their product receiving top ratings from Nerdwallet and U.S. News. Founded in 2014 and headquartered in the United States, MPOWER Financing recently secured a debt financing investment on 07 November 2023 from major players including Goldman Sachs, Deutsche Bank, and Värde Partners. With their focus on providing student loans and scholarships to a diverse and underserved demographic, MPOWER Financing is positioned well for continued growth and impact within the finance, financial services, and fintech industries.

Taxonomy: Cross-border lending, International student loans, DACA students, Credit algorithm, Financial education, Job placement, Higher education financing, Big data analysis, Global infrastructure, Student loan disbursement, Credit-building, Financial literacy, Digital lending platform, Global citizenship

Funding Rounds & Investors (15)

View All
Funding Stage Amount Investors Lead Investors Date
Debt Financing Undisclosed 3
Goldman Sachs Deutsche Bank Värde Partners
Goldman Sachs, Deutsche Bank +1
07 Nov 2023
Debt Financing $150.00M 1
Goldman Sachs
Goldman Sachs
08 May 2023
Series B Undisclosed 1
K-Street Capital
K-Street Capital
12 Dec 2020
Venture Round $9.00M 9
Breega 1776 Ventures Fresco Capital
Breega, 1776 Ventures +7
08 Jun 2020
Series B Undisclosed 1
K-Street Capital
K-Street Capital
05 May 2020
Convertible Note Undisclosed 1
K-Street Capital
K-Street Capital
09 Sep 2019
Debt Financing $100.00M 1
Goldman Sachs
Goldman Sachs
19 Aug 2019
Series B $10.00M 10
University Ventures Fresco Capital Gray Matters Capital
University Ventures, Fresco Capital +8
27 Nov 2018
Series B Undisclosed 1
K-Street Capital
K-Street Capital
01 Jan 2018
Venture Round $500.00K 2
1776 Ventures
1776 Ventures, Emilian Popa
01 Jun 2017

View All 15 Funding Rounds

MPOWER Financing Alternatives & Competitors

View All Alternatives
MPOWER Financing vs
Lorien Finance
Lorien Finance United States

Fintech platform providing affordable student loans & retail banking to students looking to pursue e...

Seed
35 employees
Financial Services, Fintech
MPOWER Financing vs
Cashalo
Cashalo Philippines

A fintech company on a mission to unlock financial access, freedom, and opportunity for every Filipi...

Venture round
512 employees
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Compare MPOWER Financing vs Cashalo
MPOWER Financing vs
Avanse Financial Services Ltd.
Avanse Financial Services Ltd. India

Aspire Without Boundaries

Private Equity
1020 employees
Education, Finance
View all alternatives

FAQ About MPOWER Financing

Student loans and scholarships for international and DACA students | Empowering global citizens for global change
MPOWER Financing was founded in 2014.
MPOWER Financing is headquartered in United States.
MPOWER Financing operates in Finance, Financial Services, Fintech and Lending and Investments. Its work centres on Cross-border lending, International student loans, DACA students and Credit algorithm.
MPOWER Financing has approximately 361 employees.
MPOWER Financing has completed 15 funding rounds, raising a total of $285.00M. The latest funding stage is Debt Financing.
Top alternatives and competitors to MPOWER Financing include Lorien Finance, Cashalo, Avanse Financial Services Ltd., FinClub, IndiaLends. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
MPOWER Financing and Lorien Finance are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for MPOWER Financing, https://bouncewatch.com/company/mpower-financing, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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