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Education loan platform MPOWER raises $100 million from Tilden Park


Education loan platform MPOWER raises $100 million from Tilden Park
July 20, 2021 @ 10:25 pm By Priyanka Pani
MPOWER Financing, a global education loan provider, has raised an equity investment of US$100 million. The new funding is in addition to the US$30 million MPOWER raised earlier this year from Tilden Park Capital Management that also participated in the current round along with ETS Strategic Capital. Other investors were King Street Capital Management, Drakes Landing Associates, and Pennington Alternative Income Management.
Founded in 2014 by Emmanuel (Manu) Smadja, MPOWER Financing aims to democratize education by reducing financial barriers for students wanting to go for higher studies worldwide. MPOWER provides instant loans at competitive interest rates without requiring a cosigner or collateral. It also provides students with academic, financial, and career guidance.  ....

Chris Gamaitoni , Drakes Landing Associates , Tilden Park Capital Management , King Street Capital Management , Pennington Alternative Income , Chief Executive Officer , Managing Director , Tilden Park Capital , Capital India , டில்டன் பூங்கா மூலதனம் மேலாண்மை , கிங் தெரு மூலதனம் மேலாண்மை , தலைமை நிர்வாகி அதிகாரி , நிர்வகித்தல் இயக்குனர் , டில்டன் பூங்கா மூலதனம் , மூலதனம் இந்தியா ,