MPOWER Financing Named “Best Student Loan for International & DACA Students in 2023” by NerdWallet’s Best-Of Awards

by MPOWER Financing | In Press Releases | 6 March 2023 | Updated on: August 21st, 2024

NerdWallet’s Annual Awards that Help Consumers Make Smart Financial Decisions  Recognizes MPOWER as the Top Student Loan Provider for International Students

Washington D.C., February 14, 2023 — NerdWallet, Inc. (Nasdaq: NRDS), a platform that provides financial guidance to consumers and small and mid-sized businesses (SMBs), found in their recent survey that only 30% of Americans know where to find reputable information when they have questions about financial products and topics. In order to better help consumers and small to midsize businesses understand their options when it comes to their finances, they announced the winners of their 2023 Best-Of Awards. MPOWER Financing has been recognized by NerdWallet as the Best Student Loan for International & DACA Students. This year’s awards recognize the best financial products across banking, credit cards, insurance, investing, mortgages, personal loans, student loans, and travel rewards. 

The Best-Of Award winners were selected by over 40 knowledgeable NerdWallet subject matter experts (‘Nerds’). The team compared rates and rewards of more than 1,000 products and conducted objective ratings and reviews to help consumers confidently choose the best products for them. 

“In our evaluation of financial products, we have identified MPOWER Financing as one of the best in its Student Loans category,” said Hanah Cho, vice president of content at NerdWallet. “Consumers can feel confident in their decision, knowing that we have researched and compared student loan products to develop our recommendation.”

MPOWER Financing is a mission-driven fintech firm and the leading provider of scholarships and no-cosigner loans to promising students from around the world. As a mission-driven organization, MPOWER is committed to removing barriers to education and offering financially sustainable loans to international students. On top of MPOWER’s collateral-free and cosigner-free loans, students benefit from general immigration guidance,  job placement assistance through MPOWER’s Path2Success program. Additionally, students can count on building their credit through on-time payments of their MPOWER Financing loan. 

“We are excited and honored to receive this recognition from NerdWallet, which does a phenomenal job of vetting and recommending the best products and services in the financial services industry,” said Manu Smadja, CEO and co-founder of MPOWER Financing. “We are also especially grateful for our talented international students, who we are so very proud to serve and invest in.”

For more information on NerdWallet’s Best-Of Student Loans winners, visit: www.nerdwallet.com/l/awards-student-loans-2023

A complete list of NerdWallet’s 2023 Best-Of Awards winners can be found at: www.nerdwallet.com/awards 

 

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 and DACA students. MPOWER works with over 400 top universities across the U.S. and Canada to provide financing to students from over 200 countries. 

The MPOWER team consists heavily of former international students and provides students with personal financial education and career support to prepare them for life after school.

MPOWER was named one of the most diverse workplaces, one of the best places to work, and one of American Banker’s top fintech firms to work for five years in a row. The innovative fintech company is hiring for various positions worldwide.

 

About NerdWallet

NerdWallet (Nasdaq: NRDS) is on a mission to provide clarity for all of life’s financial decisions. As a personal finance website and app, NerdWallet provides consumers with trustworthy and knowledgeable financial information so they can make smart money moves. From finding the best credit card to buying a house, NerdWallet is there to help consumers make financial decisions with confidence. Consumers have free access to NerdWallet’s expert content and comparison shopping marketplaces, plus a data-driven app, which helps them stay on top of their finances and save time and money, giving them the freedom to do more. NerdWallet is available for consumers in the U.S., UK and Canada.

“NerdWallet” is a trademark of NerdWallet Inc. All rights reserved. Other names and trademarks used herein may be trademarks of their respective owners

Survey Methodology:

This survey was conducted online within the United States by The Harris Poll on behalf of NerdWallet from November 10-14, 2022 among 2,064 U.S. adults ages 18 and older. The sampling precision of Harris online polls is measured by using a Bayesian credible interval. For this study, the sample data is accurate to within +/- 2.8 percentage points using a 95% confidence level. For complete survey methodology, including weighting variables and subgroup sample sizes, please contact press@nerdwallet.com

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