Latest news with #MPOWERFinancing
The Hindu
16-05-2025
- Business
- The Hindu
MPOWER Financing Securitizes $313.2 Million to Fuel Indian Students' Dreams Abroad
BENGALURU, MAY 16, 2025 — MPOWER Financing ('MPOWER'), a mission-driven fintech firm and the leader in international student financing, today announced the completion of its second securitization, MPOWER Education Trust 2025-A ('MPOWR 2025-A'). The $313.2 million collateral pool is composed of U.S. dollar-denominated, fixed-rate loans made to international students attending leading American and Canadian universities. The securitization size exceeds MPOWER's inaugural securitization of$215.2 million in 2024, and allows MPOWER to continue to scale loans issued primarily to graduate international students at more than 500 leading colleges and universities across the United States and Canada. This milestone is particularly significant for students from India who often face barriers in accessing affordable education financing abroad. The securitization will enable MPOWER to expand its reach and offer more students — especially talented Indian students — the opportunity to pursue higher education at top institutions without the need for a co-signer, collateral, or U.S. credit history. Thousands of Indian students leverage MPOWER's support every year to access premier universities in the U.S. and Canada. By broadening access to financing, MPOWER is helping to empower the next generation of global leaders and drive socio-economic mobility for students worldwide. Key deal elements: ● The nearly 50% increase in collateral pool size over MPOWER's inaugural ABS reflects the company's robust year-over-year growth and reinforces its commitment to being a repeat, programmatic issuer in the ABS market. ● All three bond classes were oversubscribed despite a larger deal size and ongoing bond market volatility, underscoring investor confidence in the credit quality of MPOWER's loan portfolio and demand for global graduate STEM talent in North America. ● A number of investors from the 2024 securitization participated in MPOWR 2025-A, while several new investors expanded the investor base. Deutsche Bank Securities Inc. served as the Structuring Agent and Joint Bookrunner, with Goldman Sachs & Co. LLC as Joint Bookrunner. MPOWR 2025-A consisted of three tranches of notes. Morningstar DBRS ('DBRS') & Kroll Bond Rating Agency ('KBRA') rated the Class A Notes 'A'(sf)/'A'(sf), respectively. DBRS rated the Class B Notes 'BBB'(sf) and Class C Notes and 'BB(low)'(sf). The securitization's investors include blue-chip names spanning asset management, pension plans, and insurance funds. Strong demand amid a shifting landscape Despite macroeconomic concerns, MPOWER Financing is experiencing a significant uptick in demand from Indian graduate students pursuing higher education in the U.S. and Canada. Indian students are drawn by MPOWER's fixed-rate, U.S. dollar-denominated loans that provide students with financial stability and peace of mind amid a potentially uncertain currency and interest rate environments. Backed by prominent Wall Street institutions, MPOWER's commitment to empowering international students resonates strongly with those seeking advanced degrees in high-demand fields such as STEM, artificial intelligence, business, and healthcare. This deal comes at a critical time as demand for education financing among international students, particularly from India, continues to rise. Some key findings from MPOWER's 2024 Social Impact Report highlight the transformative impact of its financing solutions: ● India at the forefront: Thousands of Indian students have leveraged MPOWER's support to access premier universities in the U.S. and Canada. ● 15x income growth: MPOWER students who graduate and secure employment in the U.S. experience an average 15x increase in their pre-graduation household income, emphasizing the transformative power of their education. ● Strengthening families: 75% of surveyed MPOWER students send an average of $645 (approximately ₹50,000) per month back home to support their families after graduation, fostering economic upliftment across borders. 'MPOWER is proud to be at the forefront of ensuring that the best and brightest students—from across the globe—have access to the financing they need to realize their educational dreams,' said Manu Smadja, Chief Executive Officer of MPOWER. 'Investors recognize the value of this diverse student segment: ambitious, resilient, and contributing to the global economy in critical sectors like STEM and new paradigms driving business, such as AI. By supporting them, we are strengthening our business model and fueling innovation and economic growth in North America.' 'This securitization speaks to the growing demand for high-quality student financing,' said Jatin Rajput, MPOWER's Chief Financial Officer. 'Our second securitization further validates our status as a repeat issuer and underscores the demand for international student loans as an asset class among institutional investors.' About MPOWER Financing MPOWER Financing, headquartered in Washington, D.C., and with employees worldwide, is a mission-driven fintech company and the leading provider of global education loans. Its proprietary algorithm analyzes overseas and domestic credit data as well as future earning potential to serve promising international students. MPOWER works with over 500 top universities across the U.S. and Canada to provide financing to students from over 200 countries. For more information, visit Media Contact Madhushri Verma 'This is a company press release that is not part of editorial content. No journalist of The Hindu was involved in the publication of this release.'
Business Standard
14-05-2025
- Business
- Business Standard
MPOWER Financing Securitizes $313.2 Million to Fuel Indian Students' Dreams Abroad
VMPL Bengaluru (Karnataka) [India], May 14: MPOWER Financing ("MPOWER"), a mission-driven fintech firm and the leader in international student financing, today announced the completion of its second securitization, MPOWER Education Trust 2025-A ("MPOWR 2025-A"). The $313.2 million collateral pool is composed of U.S. dollar-denominated, fixed-rate loans made to international students attending leading American and Canadian universities. The securitization size exceeds MPOWER's inaugural securitization of $215.2 million in 2024, and allows MPOWER to continue to scale loans issued primarily to graduate international students at more than 500 leading colleges and universities across the United States and Canada. This milestone is particularly significant for students from India who often face barriers in accessing affordable education financing abroad. The securitization will enable MPOWER to expand its reach and offer more students -- especially talented Indian students -- the opportunity to pursue higher education at top institutions without the need for a co-signer, collateral, or U.S. credit history. Thousands of Indian students leverage MPOWER's support every year to access premier universities in the U.S. and Canada. By broadening access to financing, MPOWER is helping to empower the next generation of global leaders and drive socio-economic mobility for students worldwide. Key deal elements: -The nearly 50% increase in collateral pool size over MPOWER's inaugural ABS reflects the company's robust year-over-year growth and reinforces its commitment to being a repeat, programmatic issuer in the ABS market. -All three bond classes were oversubscribed despite a larger deal size and ongoing bond market volatility, underscoring investor confidence in the credit quality of MPOWER's loan portfolio and demand for global graduate STEM talent in North America. -A number of investors from the 2024 securitization participated in MPOWR 2025-A, while several new investors expanded the investor base. Deutsche Bank Securities Inc. served as the Structuring Agent and Joint Bookrunner, with Goldman Sachs & Co. LLC as Joint Bookrunner. MPOWR 2025-A consisted of three tranches of notes. Morningstar DBRS ("DBRS") & Kroll Bond Rating Agency ("KBRA") rated the Class A Notes 'A'(sf)/'A'(sf), respectively. DBRS rated the Class B Notes 'BBB'(sf) and Class C Notes and 'BB(low)'(sf). The securitization's investors include blue-chip names spanning asset management, pension plans, and insurance funds. Strong demand amid a shifting landscape Despite macroeconomic concerns, MPOWER Financing is experiencing a significant uptick in demand from Indian graduate students pursuing higher education in the U.S. and Canada. Indian students are drawn by MPOWER's fixed-rate, U.S. dollar-denominated loans that provide students with financial stability and peace of mind amid a potentially uncertain currency and interest rate environments. Backed by prominent Wall Street institutions, MPOWER's commitment to empowering international students resonates strongly with those seeking advanced degrees in high-demand fields such as STEM, artificial intelligence, business, and healthcare. This deal comes at a critical time as demand for education financing among international students, particularly from India, continues to rise. Some key findings from MPOWER's 2024 Social Impact Report highlight the transformative impact of its financing solutions: -India at the forefront: Thousands of Indian students have leveraged MPOWER's support to access premier universities in the U.S. and Canada. -15x income growth: MPOWER students who graduate and secure employment in the U.S. experience an average 15x increase in their pre-graduation household income, emphasizing the transformative power of their education. -Strengthening families: 75% of surveyed MPOWER students send an average of $645 (approximately Rs50,000) per month back home to support their families after graduation, fostering economic upliftment across borders. "MPOWER is proud to be at the forefront of ensuring that the best and brightest students--from across the globe--have access to the financing they need to realize their educational dreams," said Manu Smadja, Chief Executive Officer of MPOWER. "Investors recognize the value of this diverse student segment: ambitious, resilient, and contributing to the global economy in critical sectors like STEM and new paradigms driving business, such as AI. By supporting them, we are strengthening our business model and fueling innovation and economic growth in North America." "This securitization speaks to the growing demand for high-quality student financing," said Jatin Rajput, MPOWER's Chief Financial Officer. "Our second securitization further validates our status as a repeat issuer and underscores the demand for international student loans as an asset class among institutional investors." About MPOWER Financing MPOWER Financing, headquartered in Washington, D.C., and with employees worldwide, is a mission-driven fintech company and the leading provider of global education loans. Its proprietary algorithm analyzes overseas and domestic credit data as well as future earning potential to serve promising international students. MPOWER works with over 500 top universities across the U.S. and Canada to provide financing to students from over 200 countries. For more information, visit
Business Wire
25-04-2025
- Business
- Business Wire
KBRA Assigns Preliminary Rating to MPOWER Education Trust 2025-A
NEW YORK--(BUSINESS WIRE)--KBRA assigns a preliminary rating to the Class A Notes issued by MPOWER Education Trust 2025-A ('MPOWER 2025-A'), an asset-backed securitization collateralized by private education loans made to international students attending schools in the United States. MPOWER 2025-A is the second securitization of MPOWER Financing, Public Benefit Corporation ('MPOWER'). MPOWER issued its inaugural securitization in 2024. The transaction is a term ABS securitization collateralized by Education Loans originated by Bank of Lake Mills or by MPOWER under the MPOWER Private Education Loan Program. MPOWER 2025-A will issue three classes of notes totaling $297.6 million, collateralized by $313.2 million of education loans. MPOWER 2025-A has initial credit enhancement levels ranging from 21.58% for the Class A notes to 5.49% for the Class C notes. Credit enhancement is comprised of overcollateralization, subordination of junior note classes (except for the Class C notes), a cash reserve account and excess spread. Founded in 2014, MPOWER is a private education lender headquartered in Washington, D.C. MPOWER's product offering was developed to address the difficulties for international students in the U.S. and Canada to obtain education financing. The Company has developed relationships with over 500 universities and colleges in the U.S. and Canada and has provided education financing to over 21,000 students from over 100 countries. KBRA applied its Private Student Loan ABS Global Rating Methodology, as well as its Global Structured Finance Counterparty Methodology and ESG Global Rating Methodology as part of its analysis of the portfolio pool data, underlying collateral pool and capital structure. KBRA considered its operational reviews of MPOWER, as well as due diligence calls with MPOWER. Operative agreements and legal opinions will be reviewed prior to closing. To access ratings and relevant documents, click here. Click here to view the report. Methodologies Disclosures Further information on key credit considerations, sensitivity analyses that consider what factors can affect these credit ratings and how they could lead to an upgrade or a downgrade, and ESG factors (where they are a key driver behind the change to the credit rating or rating outlook) can be found in the full rating report referenced above. A description of all substantially material sources that were used to prepare the credit rating and information on the methodology(ies) (inclusive of any material models and sensitivity analyses of the relevant key rating assumptions, as applicable) used in determining the credit rating is available in the Information Disclosure Form(s) located here. Information on the meaning of each rating category can be located here. Further disclosures relating to this rating action are available in the Information Disclosure Form(s) referenced above. Additional information regarding KBRA policies, methodologies, rating scales and disclosures are available at About KBRA Kroll Bond Rating Agency, LLC (KBRA), one of the major credit rating agencies (CRA), is a full-service CRA registered with the U.S. Securities and Exchange Commission as an NRSRO. Kroll Bond Rating Agency Europe Limited is registered as a CRA with the European Securities and Markets Authority. Kroll Bond Rating Agency UK Limited is registered as a CRA with the UK Financial Conduct Authority. In addition, KBRA is designated as a Designated Rating Organization (DRO) by the Ontario Securities Commission for issuers of asset-backed securities to file a short form prospectus or shelf prospectus. KBRA is also recognized as a Qualified Rating Agency by Taiwan's Financial Supervisory Commission and is recognized by the National Association of Insurance Commissioners as a Credit Rating Provider (CRP) in the U.S. Doc ID: 1009187
Business Standard
23-04-2025
- Business
- Business Standard
MPOWER Financing partners with Yudi J to sponsor free "Study in the USA" workshops across India
VMPL Bengaluru (Karnataka) [India], April 23: MPOWER Financing, a mission-driven fintech company and leading provider of student loans to international students, is excited to announce its partnership with Yudi J for the "Be USA-ready 2025" workshop series. These immersive in-person events will take place in Hyderabad, Mumbai and Bengaluru, offering students across India free access to invaluable guidance on how to study, work, and thrive in the United States. With MPOWER Financing's exclusive sponsorship, students and their families can attend these high-impact workshops at no cost, eliminating registration fees and ensuring accessibility for all - regardless of background or financial means. This initiative aligns closely with MPOWER's core mission: to break down financial barriers to international education and empower students to unlock their full potential. "At MPOWER Financing, we believe in more than just providing education loans. We are committed to being a long-term partner in a student's academic and professional journey," said Duncan Moss, head of marketing at MPOWER Financing. "By sponsoring this workshop series with Yudi J, we are helping students in India prepare for their future in the U.S. with real strategies and authentic mentorship at no cost." The workshops, led by global education and career coach Yudi J, will deliver insider insights on studying and succeeding in the U.S. education system. From finalizing university selections to preparing for on-campus jobs, building a powerful resume and securing internships, students will receive actionable guidance from someone who has navigated the path before them. Yudi J's experience as an international student turned professional at a Silicon Valley Fintech as a Product Manager adds unique credibility to every piece of advice shared at the event. Students will also benefit from sessions on scholarship opportunities - such as those offered by MPOWER itself - and will gain clarity on responsible funding options for their academic pursuits. With MPOWER's no-cosigner loans, fixed interest rates, and no prepayment penalties, many students have already found a smoother and more transparent path to U.S. education financing. Event schedule: - Hyderabad - April 26, 2025 | B.M. Birla Science Center, 12:00 p.m. - Mumbai - April 27, 2025 | Rangasharda Auditorium, 3:00 p.m. - Bengaluru - May 4, 2025 | Sathya Sai Samskruta Sadanam, 3:00 p.m. Students can register at Slots are limited, and early sign-up is encouraged. This partnership between MPOWER Financing and Yudi J reflects a shared commitment to accessibility, empowerment and transformation through education. By removing the cost barrier to high-quality career readiness content, MPOWER continues its legacy of supporting students before, during and after their study-abroad journey. About MPOWER Financing Co-headquartered in Washington, D.C. and Bengaluru, India, MPOWER Financing is a mission-driven fintech company and the leading provider of global education loans. Its proprietary algorithm analyzes overseas and domestic credit data, as well as future earning potential, to serve promising international students. MPOWER works with over 500 top universities across the U.S. and Canada to provide financing to students from over 200 countries. The MPOWER team consists primarily of former international students and provides personal financial education, immigration guidance and career support to prepare students for their professional careers after graduation. MPOWER is a Certified B-Corp and has been recognized as a Great Place To Work, one of the best fintechs to work for and the best tech workplace for diversity. The company is hiring for positions worldwide. Media contact (ADVERTORIAL DISCLAIMER: The above press release has been provided by VMPL. ANI will not be responsible in any way for the content of the same)
Yahoo
21-04-2025
- Business
- Yahoo
Turning Acceptances Into Arrivals: A University Guide To F-1 Visa Success
With F-1 visa denials rising, U.S. schools must rethink how to prepare international students for success, writes MPOWER's Sasha Ramani In today's changing immigration landscape, international students face a complex path to studying in the U.S. Political rhetoric around immigration fluctuates, and even well-meaning policy changes can lead to confusion, delays or unexpected results. It's no longer enough for universities to rely on traditional support structures. To truly help international students thrive, institutions should take a proactive, holistic approach. This means uniting admissions officers, international student services, academic departments and senior leadership to ensure every student not only gains entry but is set up for success before they board a plane. Even before the current administration, F-1 student visa denial rates were climbing — a trend that continues. Though 2024 data isn't final yet, early indicators suggest little improvement. The sharp declines in approval rates from India and China, the largest sources of international students in the U.S., are particularly troubling. This isn't just a visa issue; it's a pipeline challenge affecting campus diversity, institutional finances and the country's competitiveness globally. To address this, universities might consider adopting new strategic policies. Drawing insights from a webinar hosted by MPOWER Financing featuring experts from Catalyst GEM and the law firm Holland & Knight, here are steps universities can take to help international students succeed in the F-1 visa process. Enhance guidance: Visa interviews can be intimidating, especially for students who've never left home. Universities can support applicants by hosting webinars, virtual tours and orientation sessions to familiarize students with campus life, academic programs and values. This knowledge eases nerves and helps students speak confidently about why they belong at the university — key for passing the interview. Address immigration risk early: Since the F-1 is a non-immigrant visa, consular officers look for signs a student might stay in the U.S. permanently. Institutions can help students articulate realistic postgraduation plans, including how they'll apply their education back home. Reviewing financial documents and DS-160 forms for red flags before submission can prevent costly denials. Partner with knowledgeable parties: Visa experts like Catalyst GEM offer successful visa readiness training. Their comprehensive support — including mock interviews, DS-160 guidance and one-on-one coaching — can improve outcomes. Students who use their services are over 200% more likely to get an F-1 visa. For institutions, partnering with experts is a strategic investment in yield. Use data for improvement: What gets measured gets focused on. Visa partners give schools detailed reports on student readiness, denial reasons and interview outcomes. These insights help institutions spot trends, improve advising and tailor support to regions or student profiles, creating a cycle of improvement. Tell the right story: Consular officers can spot memorized answers. Students stand out by telling real, personal stories about why they chose the university, how the program fits their goals and who inspired them. Institutions should coach students to be authentic, not perfect. Leverage alumni networks: Alumni who've been through the process can be powerful advocates. Success stories, especially from those who've returned home, offer relatable, credible inspiration for students and officers. Schools should invest in alumni engagement pipelines to support applicants and strengthen trust. Engage with U.S. consulates: U.S. consulates operate independently, and officer interpretation varies. Proactively engaging consular staff — ideally through intermediaries — lets institutions advocate for student pipelines, clarify credentials and build trust. A single positive meeting can improve outcomes for many students. Rethink market strategies: While India and China are essential, rising markets like Bangladesh, Colombia, Zimbabwe, Kyrgyzstan, and Vietnam offer high-intent applicants. Diversifying recruitment strategies builds resilience against policy changes or geopolitical events. Make documentation clear: Every student should present a cohesive story on paper and in person. This includes a clear explanation of academic intent, financial resources — including tools like MPOWER loans — and a realistic plan for their studies. Aligning documentation with the student's narrative builds trust and improves approval odds. Invest in the F-1 funnel: As John Evans of Catalyst GEM says, 'If the student doesn't get a visa, everything else doesn't matter.' The visa process isn't a postscript — it's a critical juncture. Schools prioritizing visa readiness like marketing or recruitment will see stronger yield, better ROI and more resilient enrollment pipelines. International students enrich campuses, drive innovation and build bridges between the U.S. and the world. But their plans can unravel at the consular window without support. The F-1 visa process is no longer just bureaucratic — it's a strategic priority that needs institutional attention, investment and empathy. Rethinking support before, during, and after interviews can turn denials into arrivals. It's time to act to help students succeed and uphold openness, excellence and global leadership for American education. MPOWER's Sasha Ramani Sasha Ramani leads corporate strategy for MPOWER Financing, which offers scholarships and no-cosigner loans to students from around the world to pursue their study abroad journey. To learn more about MPOWER Financing, visit DON'T MISS and The post Turning Acceptances Into Arrivals: A University Guide To F-1 Visa Success appeared first on Poets&Quants.
