Your Source for Venture Capital and Private Equity Financings

VC-funded Company:

MPower Financing
1875 Connecticut Ave NW, 10th Floor
Washington, DC 20009
Phone: 202-417-3800

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.

Key Contact
Name
Manu Smadja
Title
CEO
Funding Events

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