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
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CEO
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. -
CTO
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
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Accion Venture Labs AdvisorTahira DosaniAccion Venture Labs AdvisorUnconfirmedIndependent Advisor
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Andrew WertIndependent AdvisorUnconfirmed
Previous Investors
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