Venture capital gets behind international education loans
Investment bank Goldman Sachs announced a partnership with US-based fintech provider MPOWER Financing to open up a new US$150 million financing facility for educational loans.
Investment bank Goldman Sachs announced a partnership with US-based fintech provider MPOWER Financing to open up a new US$150 million financing facility for educational loans.
MPOWER Financing has raised $100 million as it continues to make North American education accessible to "high-promise" international students.
Student financing companies have reported a “massive” surge in international student lending demand, in part because of Covid-19.
Fintech loan platform MPOWER Financing has raised $9m from a consortium of investors to fuel growth and expand product and service scope.
International student loan provider MPOWER Financing has laid out evidence of how it has helped students from overseas in its social impact report.
I wondered why banks weren't willing to lend to me as an international student. Why were American banks not willing to bet on me as an engineer?
Student loan provider MPOWER Financing has secured a $100 million loan facility from Goldman Sachs, which will be used to help expand the company's loan portfolio.
International student loan provider MPOWER Financing has raised $110 in funding to support new product growth and technology enhancements, and expand its student loan portfolio, while the company expands into Canada.