MPOWER Financing announced that Anand Cavale has joined as Chief Growth Officer. Cavale's hiring comes on the heels of another year of exponential growth in loan volume for the company, and as MPOWER expands its suite of products and services for students from around the world pursuing higher education in the United States and Canada. Cavale has more than 30 years of leadership experience across fintech, lending, payments, and banking in the U.S and Asia-Pacific.

Prior to MPOWER, he was Business Head & General Manager at SoFi, where he served on the Executive Team and oversaw SoFi's Student Loan and Personal Loans business. He spent the bulk of his career at Citibank, where he held several leadership positions, including Business and Country Head of credit card payments at Citibank Singapore; Managing Director and Country Head of cards and consumer lending at Citibank Malaysia; Senior Vice President of international cards; and Managing Director and Business Head of Citibank's $6.5 billionU.S. consumer lending businesses. Cavale earned a bachelor's degree in engineering from Bangalore University and Master of Business Administration from St.

John's University.