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– MPOWER Financing is a Washington, DC-based fintech platform and provider of education loans to high-promise students around the world.
– The company raised an equity investment of $100m.
– Backers included Tilden Park Capital Management, ETS Strategic Capital on behalf of ETS, King Street Capital Management, Drakes Landing Associates, and Pennington Alternative Income Management.
– The new investment will be used to expand its platform and operations.
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