MPOWER Financing: Funding, Investors & Team (Aug 2026)
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.
MPOWER Financing has raised $275M across 3 funding rounds on record, the most recent an undisclosed round of $150M announced in May 2023.
That round is above the $1.5M median round size for Education companies tracked on FundedIQ over the last two years.
MPOWER Financing Company Profile and Key Stats
Latest funding round on record: May 2023.
MPOWER Financing Funding Rounds
MPOWER Financing raised $25.0M in an undisclosed round announced in Jan 2021.
6 months later, an undisclosed round of $100M was announced in Jul 2021.
1.8 years later, an undisclosed round of $150M was announced in May 2023.
MPOWER Financing Founders and Leadership Team
No contact details are on record for this team yet.
MPOWER Financing Funding Compared to Other Education Startups
MPOWER Financing's latest round of $150M is above the median round in Education. Medians cover the last 24 months of disclosed rounds.
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MPOWER Financing Funding FAQs
What does MPOWER Financing do?
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.
How much funding has MPOWER Financing raised?
MPOWER Financing has raised $275M across 3 rounds on record. The most recent is an undisclosed round of $150M announced in May 2023.
When did MPOWER Financing last raise funding?
MPOWER Financing's most recent funding round on record is an undisclosed round of $150M, announced in May 2023.
Who is the CEO of MPOWER Financing?
Emmanuel Smadja is listed as CEO at MPOWER Financing.
Where is MPOWER Financing headquartered?
MPOWER Financing is based in Washington, District of Columbia, United States.
How many employees does MPOWER Financing have?
MPOWER Financing is in the 101-250 employee band.
How does MPOWER Financing's funding compare to other Education startups?
MPOWER Financing's latest round of $150M is above the $1.5M median round size for Education companies on FundedIQ across 1,474 tracked companies over the last two years.
About FundedIQ's MPOWER Financing Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for MPOWER Financing is left off this page rather than filled in.
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