MPOWER Financing

Financially empowering students worldwide to fulfill their educational potential

  • Stage $10M in TTM Revenue
  • Industry Financial Services
  • Location Washington, DC, US
  • Currency USD
  • Founded April 2014
  • Employees 48
  • Incorporation Type B-corp
  • Website mpowerfinancing.com

Company Summary

We offer a forward-looking education loan that sets our students up for academic, professional, and financial success.

Our business model includes earning both an origination fee (upfront) and recurring interest over the life of the loan. We also provide a platform for students looking for related products, and sell education financing and recruitment services to universities and colleges around the US/Canada.

Team

  • Worked for top retail banks, central banks, and development banks across Africa, Europe, and the US for the past 4 years as an engagement manager for McKinsey & Company. Prior to his work at McKinsey, Manu obtained a global MBA from INSEAD
    and worked in consumer financing at CapitalOne and in operations at an e-commerce. He holds an M.S. in Information Engineering and B.S. in Computer Science from the university of Virginia.

  • Mike, MPOWER's CTO, has founded 13 ventures over the past 15 years. A majority of these ventures have been in the tech, financial, or education space. For instance, Mike helped engineer and build the front-end for GE's retail bank. In the past, Mike has been Director of Innovation for Avon and an analyst at Sapient, a software company. Mike holds an MBA from INSEAD and a B.S. in Computer Engineering from Purdue University.

Advisors

  • Accion Venture Labs Advisor
    Tahira Dosani
    Accion Venture Labs Advisor
    Unconfirmed
    Independent Advisor
  • Andrew Wert
    Independent Advisor
    Unconfirmed

Previous Investors

Starting a startup?

Join the world's largest startup network for guidance, tools, and fundraising opportunities.

Get Started for Free