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MPOWER Financing CEO Manu Smadja tells Proactive the Washington, D.C. based fintech platform recently raised $25M from Tilden Park Capital Management LP to help fund educational loans to international and DACA students.
MPOWER allows students to find out if they’re eligible for a loan within 30 seconds. Smadja says the funds will be used operationally, to help privately-held MPOWER to scale its team in Washington, DC, and Bangalore, India.