MPOWER Financing securitizes $313.2 million in international student financing
Fintech firm MPOWER Financing has announced the completion of its second securitization, MPOWER Education Trust 2025, composed of U.S. dollar-denominated, fixed-rate loans made to international students at leading U.S. and Canadian universities.
The latest deal exceeds MPOWER’s inaugural securitization of $215.2 million in 2024 and will allow MPOWER to continue to scale loans issued to graduate international students at more than 500 leading colleges and universities.
MPOWER says the nearly 50 percent increase in collateral pool size over its inaugural securitization reflects its robust year-on-year growth and reinforces its commitment to being a repeat programmatic issuer in the market.
Deutsche Bank Securities served as the structuring agent and joint bookrunner, with Goldman Sachs & Co as joint bookrunner.
“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,” comments Manu Smadja, Chief Executive Officer at 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,” adds Jatin Rajput, MPOWER’s Chief Financial Officer. “Our loans are fixed-rate, generate cash flow even while students are still in school, and are disbursed directly to universities. That structure reduces risk and gives investors the transparency and predictability they seek. 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.”
