MPOWER Financing
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Contact Information
Overview
MPOWER is a US-based lender offering student loans to international students studying in the US or Canada without requiring a co-signer, collateral, or US credit history because our proprietary credit algorithm focuses on future potential.
MPOWER disburses payments directly to the university on behalf of the students to pay for tuition or university-sponsored services like housing, meal plans, or health insurance. Students start paying back the loan within 6 months after graduation. The loan comes with interest discounts, free personal finance education courses, credit-building, and a job placement service for the students.
About
Industries
Financial Services, Finance, FinTech, Lending
Founded
2014
Employees
101-250
Headquarters locations
United States, North America
Social
N/A
Profile Resume
MPOWER Financing headquartered in United States, North America, operates in the Financial Services, Finance, FinTech, Lending sector. The company focuses on Financial Services and has secured $168.0B in funding across 320 round(s). With a team of 101-250 employees, MPOWER Financing is actively contributing to advancements in Financial Services. Their latest funding round, Seed Round - MPOWER Financing, raised $4.0M. Discover more about their projects, partnerships, and impact on our platform.
Funding Rounds
Funding rounds
20
Investors
4
Lead Investors
0
Total Funding Amount
$525.0M
Details
10
MPOWER Financing has raised a total of $525.0M in funding over 10 rounds.
| Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
|---|---|---|---|---|
| 2017 | Seed | |||
| 2017 | Early Stage Venture | |||
| 2016 | Early Stage Venture | 6.0M | ||
| 2015 | Seed | 4.0M |
Investors
MPOWER Financing is funded by 83 investors.
| Investor Name | Lead Investor | Funding Round | Partners |
|---|---|---|---|
| 1776 Ventures | - | FUNDING ROUND - 1776 Ventures | 4.0M |
| Village Capital | - | FUNDING ROUND - Village Capital | 4.0M |
| MPOWER Financing | - | FUNDING ROUND - MPOWER Financing | 4.0M |
| VilCap Investments | - | FUNDING ROUND - VilCap Investments | 4.0M |
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