DC Based Fintech MPOWER Raises More Funding

DC Based Fintech MPOWER Raises More Funding

DC based Fintech, MPOWER has announced that it has secured a new round of funding totaling $5 million from ETS Strategic Capital, an investment arm of ETS, the world’s largest nonprofit educational assessment, research and measurement organization.

According to the company, this is in addition to the earlier $25 million investment by Tilden Park Capital to enhance its digital platform. While also seeking to spread its global footprint.

MPOWER is delighted to be working with ETS and exploring ways to support the millions of students who test with them globally every year. By democratizing access to financing, we hope an even greater number of qualified students around the globe will venture to study in North America. 
 –  Manu Smadja, MPOWER Financing’s CEO and Co-founder

 

Courtesy- MPOWER Financing