Mpower Financing Closes A $150 Million Financing Facility With Goldman Sachs To Support International Students' Education
May 08, 2023•over 2 years ago
Amount Raised
$150 Million
Investors
King Street Capital ManagementTilden Park Capital ManagementDeutsche Bank AgGoldman Sachs
Description
MPOWER Financing, a mission-driven fintech firm and a leading provider of non-cosigned loans to promising students from around the world, announced that it recently closed a $150 million revolving asset-backed warehouse facility with Goldman Sachs.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech