Students loan provider MPOWER Financing raises $100M from Goldman Sachs
by YourStory 2019-08-20
Share on

Students loan provider MPOWER Financing has secured $100 million debt from Goldman Sachs, which brings its total loan financing capital to $200 million.

The funding will help MPOWER’s fast-expanding student base, of which India contributes the largest share. According to the company, the funding is in addition to the $100 million the firm raised last year from Community Investment Management.

The funding will allow the US-based firm to help more Indian students pursue a university education in the US and Canada.