MPOWER Financing, an innovative fintech company and provider of educational loans to high-promise international students, has selected Feintuch Communications as its public relations firm.
MPOWER Financing was founded in 2014 by Manu Smadja and Mike Davis, two passionate and caring entrepreneurs who had been classmates in business school at INSEAD in France (ranked #1 in the 2017 Financial Times Global MBA Ranking of the best 100 programs), and saw the opportunity to address a financial challenge they both experienced in their higher education journeys. The company’s mission is to remove financial barriers to higher education in the U.S. by providing the financial resources necessary for international students to attend and complete their undergraduate or graduate education.
“We have grown quickly in two years as the demand for our unique loan product has exceeded our initial expectations,” said Smadja, CEO and co-founder of MPOWER Financing. “We have been fortunate to have attracted a diverse group of investors who have provided us with the critical debt and equity capital to get us where we are today. We are looking to Feintuch Communications to help us educate and attract additional equity and debt investors who will view us a unique asset class that offers above market returns at moderate risk levels.”
“MPOWER Financing’s phenomenal success has confirmed that financing the education of high-promise international students represents an attractive investment opportunity, with a history of minimal defaults, to a broad range of investors. The MPOWER Financing story can appeal to different classes of investors with different time horizons and investment goals, and we look forward to reaching them with this compelling story,” said Henry Feintuch, president, Feintuch Communications.
The MPOWER Financing account will be led by Feintuch and Richard Anderson, senior managing director, head of the firm’s financial services practice.