Mpower Financing Closes A $150 Million Financing Facility With Goldman Sachs To Support International Students' Education
Mpower Financing Closes A $150 Million Financing Facility With Goldman Sachs To Support International Students' Education
05/08/23, 12:30 PM
Location
washingtonMoney raised
$150 million
Industry
education
lending
financial services
Investors
King Street Capital Management, Tilden Park Capital Management, Deutsche Bank Ag, Goldman Sachs
MPOWER Financing, a mission-driven fintech firm and a leading provider of non-cosigned loans to promising students from around the world, announced that it recently closed a $150 million revolving asset-backed warehouse facility with Goldman Sachs.
Company Info
Location
1101 connecticut avenue nw
washington, washington, united states
Additional Info
MPOWER Financing, headquartered in Washington, D.C., and with employees worldwide, is a mission-driven fintech company and the leading provider of global education loans. Its proprietary algorithm analyzes overseas and domestic credit data as well as future earning potential to serve promising international and DACA students. MPOWER works with over 400 top universities across the U.S. and Canada to provide financing to students from over 200 countries. The MPOWER team consists of former international students and provides students with personal financial education and career support to prepare them for life after school.