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Our goal is to set students up for academic, professional, and financial successes

Our goal is to set students up for academic, professional, and financial successes

MPOWER lends to highly-employable domestic & international students at top US campuses who are excluded from traditional banking options.

MPOWER builds on best practices set by LendingClub, SoFi, CommonBond, Earnest, Upstart, and others in the mainstream refinancing market, and applies these insights to an unaddressed segment of the population: high-potential international and domestic students at top universities. This segment requires capabilities that are unique to MPOWER: an innovative credit model, university partnerships, and global servicing.

Loans are for 10-years at a fixed-rate, and range between $2,000 and $25,000. MPOWER disburses payments directly to the university to cover tuition or university-sponsored housing, meal plans, or health insurance. The loan comes with free personal finance education courses, credit-building tools, and a job placement service for the students.
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Ex-McKinsey consultant turned entrepreneur in the Fintech / Financial Inclusion space
Serial Entrepreneur passionate about the Fintech / Financial Inclusion space
Total raised

$7.3M

Funded over

3 rounds

Latest round

Series A (Oct 2016)