Education platform MPOWER Financing raises $100 mn to support study abroad

The funding will fuel the company's mission to make North American education accessible to students from around the world

MPOWER Financing, a leading provider of education loans to students, said that it has raised an equity investment of $100 million. It said the funding underscores investors’ confidence in MPOWER’s position as the leading lender for students aspiring to study abroad.

The new funding is in addition to the $30 million MPOWER raised earlier this year from Tilden Park Capital Management, which also participated in the current round, and ETS Strategic Capital on behalf of