Fintech startup MPOWER Financing raises $6 mn

fundWashington DC and Bangalore-based fintech company MPOWER Financing, which facilitates funding solutions for international students pursuing higher education in the US universities, has raised $6 million (nearly Rs40 crore) in funding. The round was led by private equity firm Zephyr Peacock India.

Other investors including University Ventures, 1776 Ventures, Goal Structured Solutions, VilCap Investments and Fresco Capital also participated in the funding round, according to a statement issued by MPOWER and Zephyr Peacock on Wednesday.

Read the VCCircle article here >
Read the ET article here >
Read the Inc42 article here >
Read the DC Inno article here >