MPOWER Financing the leading provider of education loans to high-promise students around the world, announced that it has raised an equity investment of US$100 million. The funding underscores investors’ confidence in MPOWER’s position as the leading lender for students aspiring to study abroad.
Founded in 2014 by Emmanuel (Manu) Smadja, MPOWER Financing aims to democratize education by reducing financial barriers for high-promise students from around the world. MPOWER’s loans are approved instantly and are granted at competitive interest rates without requiring a cosigner or collateral. MPOWER additionally provides students with academic, financial and career guidance to position them for success both in school and after graduation.
