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Education Platform MPOWER Financing Raises $100 Million in Equity to Support Studying Abroad – Business

Education Platform MPOWER Financing Raises $100 Million in Equity to Support Studying Abroad – Business
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Education Platform MPOWER Financing Raises $100 Million in Equity to Support Studying Abroad

Education Platform MPOWER Financing Raises $100 Million in Equity to Support Studying Abroad
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Fintech Platform MPOWER Financing Raises $100 Million in Equity to Support Students Worldwide

Fintech Platform MPOWER Financing Raises $100 Million in Equity to Support Students Worldwide
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citybizlist : New York : MPOWER Financing Raises a $25M Investment Round

1/26/21 MPOWER Financing, an innovative fintech platform and the leading provider of educational loans to high-promise international and DACA students, announced that it recently raised $25M from Tilden Park Capital Management LP, a New York-based investment management firm. We re humbled to be working with Tilden Park, and will substantially benefit from their capital markets and credit expertise, as well as their global investment experience, said Manu Smadja, MPOWER Financing s CEO and co-founder. Tilden Park was attracted to MPOWER s strong credit quality and social mission, added Manu. The funds come in addition to $9 million that MPOWER raised last year and will be invested in further automating MPOWER s digital loan platform, which leverages proprietary underwriting technology to provide a loan decision to students within minutes. The funds will also help MPOWER grow its team in Washington, DC, and Bangalore, India where it plans to

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