MPOWER Financing Secures $313.2M to Power Borderless Education and Global Lending Innovation

MPOWER Financing, a trailblazing fintech committed to the belief that education should be borderless, has successfully raised $313,200,000 in its latest funding round. This impressive influx of capital reaffirms investor confidence in MPOWER’s innovative approach to cross-border digital lending. The company harnesses big data and a robust global infrastructure to break down financial barriers for high-promise international and DACA students in North America, ensuring that they have access to the funds necessary to pursue their educational dreams. The new funding is set to accelerate the expansion of MPOWER’s digital lending platform, enabling the company to enhance its product offerings, streamline loan processes, and extend its market reach to serve even more deserving students. With a strong track record and a dynamic team, MPOWER has rapidly become a trusted partner for students worldwide. The company’s commitment to excellence has not gone unnoticed; it was named a top fintech to work for by American Banker in 2018, 2019, and 2020, and its flagship product has received high marks from industry experts including Nerdwallet and U.S. News. These accolades underscore MPOWER’s reputation as an industry leader and testament to its innovative use of technology to democratize access to education financing. By leveraging the new capital, MPOWER aims to further refine its digital lending solutions, invest in cutting-edge technology, and continue its mission to empower students who face financial hurdles. As MPOWER embarks on this exciting chapter of growth and expansion, the company is poised to transform the financial landscape for students seeking quality education without borders.