Tech Company Financing Transactions

MPOWER Financing Funding Round

MPOWER Financing, operating out of Washington, secured $6 million from Zephyr Peacock India Fund, 1776 and DreamIt Ventures Austin.

Transaction Overview

Company Name
Announced On
10/31/2016
Transaction Type
Venture Equity
Amount
$6,000,000
Round
Series A
Proceeds Purpose
This latest funding allows MPOWER to create solutions for a greater number of students, offering more loan approvals to qualified candidates. MPOWER plans to use the capital to enhance its technology platform and expand its outreach efforts in emerging markets.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
1875 Connecticut Ave. NW 10th Floor
Washington, DC 20009
USA
Email Address
Overview
MPOWER's mission is to remove financial barriers to higher education in the U.S. To accomplish this mission, MPOWER works with investors and universities to lend to high-potential students who are left out by traditional banks.
Profile
MPOWER Financing LinkedIn Company Profile
Social Media
MPOWER Financing Company Twitter Account
Company News
MPOWER Financing News
Facebook
MPOWER Financing on Facebook
YouTube
MPOWER Financing on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Emmanuel Smadja
  Emmanuel Smadja LinkedIn Profile  Emmanuel Smadja Twitter Account  Emmanuel Smadja News  Emmanuel Smadja on Facebook
Co-Founder
Michael Davis
  Michael Davis LinkedIn Profile  Michael Davis Twitter Account  Michael Davis News  Michael Davis on Facebook
General Manager
Ashwini Kumar
  Ashwini Kumar LinkedIn Profile  Ashwini Kumar Twitter Account  Ashwini Kumar News  Ashwini Kumar on Facebook
Vice President
Kin Chung
  Kin Chung LinkedIn Profile  Kin Chung Twitter Account  Kin Chung News  Kin Chung on Facebook
VP - Engineering
Parimala Pakalapati
  Parimala Pakalapati LinkedIn Profile  Parimala Pakalapati Twitter Account  Parimala Pakalapati News  Parimala Pakalapati on Facebook
VP - Finance
Robert Alexander
  Robert Alexander LinkedIn Profile  Robert Alexander Twitter Account  Robert Alexander News  Robert Alexander on Facebook
VP - General Counsel
Terence Chu
  Terence Chu LinkedIn Profile  Terence Chu Twitter Account  Terence Chu News  Terence Chu on Facebook
VP - Operations
Lana Bronipolsky
  Lana Bronipolsky LinkedIn Profile  Lana Bronipolsky Twitter Account  Lana Bronipolsky News  Lana Bronipolsky on Facebook
VP - Operations
Lana Lodge
  Lana Lodge LinkedIn Profile  Lana Lodge Twitter Account  Lana Lodge News  Lana Lodge on Facebook


 

 

Browse more venture capital transactions:

Prev: 10/31/2016: CodeFights venture capital transaction
Next: 10/31/2016: Delta ID venture capital transaction

 

Share this article

 


Where The Data Comes From

Our team works diligently to report on every notable VC transaction. VC investment data records on this site are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary