MPOWER Financing, a fintech company focused on helping international students get education loans, claims to have successfully completed its first-ever private student loan securitisation worth $100.5 million.

The company asserts that this deal marks the beginning of a series of private financings that MPOWER plans to do alongside its public asset-backed securitisation (ABS) programme. Together, these moves aims to help the company attract more investors and create more funding options for student loans, the company said.

Loans supporting global students

The securitised pool includes fixed-rate, US dollar loans given to international graduate students, mainly those studying STEM and business courses at top universities in the US and Canada . It also includes international refinanc

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