MPOWER offers educational loans to high‑potential international and DACA students and works with over 200 universities and colleges. The company serves students from more than 200 countries and helps borrowers build credit while providing personal finance education and career support. Since 2014 MPOWER has received nearly $1 billion in loan application volume through its platform. The newly raised capital will be used to support new product growth, technology enhancements, and to finance an expanding student loan portfolio. MPOWER emphasizes financial access to global education and aims to scale its lending and product offerings. The company is based in Washington D.C. and partners with capital providers to fund its loans.

Total raised

$110M

Funding rounds

1

Latest round

Equity

Latest activity

Dec 2018