MPOWER Financing is an innovative fintech company and provider of educational loans to high-promise international students who do not fit the traditional credit criteria of banks or lenders. The company's mission is to remove the financial barriers to higher education in the U.S. by providing the financial resources necessary for these students to attend and complete their undergraduate or graduate education. MPOWER Financing helps students build their credit histories and provides them with personal finance, education and gateway financial products to prepare for life after college.
Date | Amount | Type | Investors | Valuation |
---|---|---|---|---|
06/01/17 | $500,000 |
1776 | undisclosed | |
11/27/18 | $110,000,000 | Venture |
Gray Matters Capital and Community Investment Management | undisclosed |
06/11/20 | $9,000,000 |
1776 1994 LLC AI8 Breega Capital Cometa Goal Structured Solutions Potencia Ventures Zephyr-Peacock | undisclosed | |
03/11/21 | $5,000,000 | Strategic |
ETS Strategic Capital | undisclosed |
07/13/21 | $100,000,000 | Venture |
Drakes Landing Associates ETS Strategic Capital King Street Capital Management Pennington Alternative Income Management Tilden Park Capital Management | undisclosed |
11/07/23 | $300,000,000 | Debt Financing |
Deutsche Bank Goldman Sachs Varde Partners | undisclosed |