MPOWER Financing raises $25M to help fund international student loans

MPOWER Financing CEO Manu Smadja tells Proactive the Washington, D.C. based fintech platform recently raised $25M from Tilden Park Capital Management LP to help fund educational loans to international and DACA students. MPOWER allows students to find out if they’re…

MPOWER Financing CEO Manu Smadja tells Proactive the Washington, D.C. based fintech platform recently raised $25M from Tilden Park Capital Management LP to help fund educational loans to international and DACA students.

MPOWER allows students to find out if they’re eligible for a loan within 30 seconds. Smadja says the funds will be used operationally, to help privately-held MPOWER to scale its team in Washington, DC, and Bangalore, India.