MPOWER Financing

lendingonline loans

FOUNDING YEAR: 2014
LOCATION: United States
Last Update: 07/02/2021

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About

At MPOWER Financing, we believe education should be borderless. As a fast-growing fintech, we leverage our cross-border digital lending platform, big data, and global infrastructure to finance the millions of high-promise international and DACA students in North America. We were named by American Banker as a top fintech to work for (2018, 2019, and 2020), and our product was rated as top in its class by Nerdwallet and U.S. News.

MEDICI Analysis

MPOWER lends to highly-employable domestic & international students at top US campuses who are left out of traditional banking options. Loans offered are 3 or 10-year, with fixed-rate, and ranges between $2,000 and $25,000. MPOWER disburses payments directly to the university to cover tuition or university-sponsored housing, meal plans, or health insurance. The loan comes with free personal finance education courses, credit-building, and a job placement service for the students.

Focus

PRODUCTS & SERVICES

Crowdsourced loans for student financing. It helps domestic and international students in raising loans in US colleges

REVENUE MODEL

They generate revenue from loan origination fee and interest fee.

MAIN CLIENTS

Athletes-USA and other listed college students.

COMMENT

Loans are offered to 180 nationalaties including US.

Traction

VALUATION / MARKET CAP:

$3.33 M in 2017

COMPANY TYPE:

For Profit

company provided insights
Web Traffic

Web Traffic

MONTHLY VISITS

37,569

AVERAGE VISITS (6 MONTHS)

51,291.37

MONTHLY VISITS GROWTH

-20.92%

VISIT DURATION

256

VISIT DURATION GROWTH

36.84%

PAGE VIEWS VISIT

3.43

PAGE VIEWS VISIT GROWTH

-12.42%

BOUNCE RATE

36.02%

BOUNCE RATE GROWTH

-2.98%

GLOBAL TRAFFIC RANK

541,056

MONTHLY RANK CHANGE

630

MONTHLY RANK GROWTH

0.12%

Innovation Programs

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