MPOWER Financing Revenue and Competitors

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Location

#198

Growjo Ranking

Fintech

Industry

Estimated Revenue & Valuation

  • MPOWER Financing's estimated annual revenue is currently $24M per year.(i)
  • MPOWER Financing's estimated revenue per employee is $139,750
  • MPOWER Financing's total funding is $375M.

Employee Data

  • MPOWER Financing has 172 Employees.(i)
  • MPOWER Financing grew their employee count by 51% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$62.6M37946%$200MN/A
#2
$12.4M9514%N/AN/A
#3
$14M108-12%N/AN/A
#4
$7.5M668%$15.9MN/A
#5
$1.5M19-5%N/AN/A
#6
$1.8M20-9%N/AN/A
#7
$56.5M34261%$355.5MN/A
#8
$12.1M930%N/AN/A
#9
$2270M56238%N/AN/A
#10
$1M13-24%N/AN/A

Financing high-potential international and DACA students in the United States and Canada. Over 3 million students on U.S. college campuses struggle financially to get into or through college. Up to 15% of students drop out because of financials, while others downgrade their education to make ends meet. MPOWER Financing is committed to removing financial barriers to higher education in the U.S. and Canada. To accomplish this mission, MPOWER partners with universities and investors to lend to high-potential students who are left out by traditional banks. In addition to providing students with access to the financial resources necessary to attend and complete college, MPOWER builds students' credit histories, provides them with personal finance education, and offers essential financial products to prepare them for life after college.

keywords:Financial Services, Finance, Finance Technology, Higher Education, Education Technology

$375M

Total Funding

172

Number of Employees

$24M

Revenue (est)

51%

Employee Growth %

N/A

Valuation

N/A

Accelerator

MPOWER Financing News

2022-04-20 - Before you apply for an education loan to fund your study abroad, read this

Online financers like Prodigy Finance and MPower Financing are few amongst financiers who evaluate student profiles for collateral-free loans...

2022-04-13 - Corporate Diversity Index - Midsize Companies in Greater DC ...

2, MPOWER Financing 1101 Connecticut Ave. NW #900. Washington, DC 20009 202-417-3800 mpowerfinancing.com, 91.09%, 33.33%, 33.33%, 91.00%...

2022-03-22 - MPOWER Financing Expands Leadership Team to Meet Rising ...

MPOWER Financing, headquartered in Washington, D.C., and with employees worldwide, is a mission-driven fintech company and the leading provider...

2021-10-26 - MPOWER Financing Raises Loan Limit for International Students to $100,000

MPOWER Financing, a mission-driven fintech firm and the leading provider of education loans to high-promise international and DACA students, is raising its student loan limit from $50,000 to $100,000, effective immediately. By raising its loan limit, MPOWER is ensuring that high promise student ...

2021-07-20 - Education loan platform MPOWER raises $100 million from Tilden Park

MPOWER Financing, a global education loan provider, has raised an equity investment of US$100 million. The new funding is in addition to the US$30 million MPOWER raised earlier this year from Tilden Park Capital Management that also participated in the current round along with ETS Strategic Capi ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$39.7M17210%N/A
#2
$28.4M17214%N/A
#3
$33.3M17211%$36.1M
#4
$62.4M173-2%N/A
#5
$15M1732%N/A