About Empower Finance
Empower Finance is a financial technology company focused on expanding access to fair credit. The company offers services such as instant cash advances, automatic savings, credit monitoring, and spend tracking, all aimed at improving financial security and mobility for its users. Empower Finance primarily serves individuals seeking to improve their financial situation and credit score. It was founded in 2016 and is based in San Francisco, California.
Empower Finance's Product Videos
Empower Finance's Products & Differentiators
Empower Cash Advance
Empower Cash Advance is a credit substitute that offers up to $250 instantly. We do not charge interest or late fees, and we do not run credit checks. Customers repay us automatically when they receive their next paycheck.
Expert Collections containing Empower Finance
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Empower Finance is included in 5 Expert Collections, including Digital Banking.
Companies and startups in this collection provide banking services to consumers and businesses, as well as enhance, automate, and/or digitize operations for banks and financial institutions.
Companies and startups in this collection digitize & streamline the delivery of wealth management. Included: Startups that offer technology-enabled tools for active and passive wealth management for retail investors and advisors.
Track startups and capture company information and workflow.
Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.
250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.
Latest Empower Finance News
Sep 14, 2023
7h agoVenture CapitalPrivate Equitylaw360Views: 42 A venture capital-funded personal finance app called Empower won't have to change its name just yet, after a federal judge in Colorado ruled that customer confusion is "unlikely" in the financial services sector, an early loss for the retirement finance brand Empower in its trademark lawsuit. Not a member yet? Free Membership for Qualified Investors and Industry Participants Easily Customize Content to Match Your Investment Preferences Breaking News 24/7/365 Alternative Investment Listings & LeaderBoards Industry Research, Due Diligence, Videos, Webinars, Events, Press Releases, Market Commentary, Newsletters, Fact Sheets,Presentations, Investment Mandates, Video PitchBooks & More! Company Directory AUM Accelerator Program (designed for investment managers) Over 450K+ Industry Headlines, Posts and Updates ALL ALPHAMAVEN CONTENT IS FOR INFORMATIONAL PURPOSES ONLY.CONTENT POSTED BY MEMBERS DOES NOT NECESSARILY REFLECT THE OPINION OR BELIEFS OF ALPHAMAVEN AND HAS NOT ALWAYS BEEN INDEPENDENTLY VERIFIED BY ALPHAMAVEN.PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.THIS IS NOT A SOLICITATION FOR INVESTMENT.THE MATERIAL PROVIDED HEREIN IS FOR INFORMATIONAL PURPOSES ONLY.IT DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO BUY ANY INTERESTS OF ANY FUND OR ANY OTHER SECURITIES.ANY SUCH OFFERINGS CAN BE MADE ONLY IN ACCORDANCE WITH THE TERMS AND CONDITIONS SET FORTH IN THE INVESTMENT'S PRIVATE PLACEMENT MEMORANDUM.PRIOR TO INVESTING, INVESTORS ARE STRONGLY URGED TO REVIEW CAREFULLY THE PRIVATE PLACEMENT MEMORANDUM (INCLUDING THE RISK FACTORS DESCRIBED THEREIN), THE LIMITED PARTNERSHIP AGREEMENT AND THE SUBSCRIPTION DOCUMENTS, TO ASK SUCH QUESTIONS OF THE INVESTMENT MANAGER AS THEY DEEM APPROPRIATE, AND TO DISCUSS ANY PROSPECTIVE INVESTMENT IN THE FUND WITH THEIR LEGAL AND TAX ADVISERS IN ORDER TO MAKE AN INDEPENDENT DETERMINATION OF THE SUITABILITY AND CONSEQUENCES OF AN INVESTMENT. ALPHAMAVEN
Empower Finance Frequently Asked Questions (FAQ)
When was Empower Finance founded?
Empower Finance was founded in 2016.
Where is Empower Finance's headquarters?
Empower Finance's headquarters is located at 660 York Street, San Francisco.
What is Empower Finance's latest funding round?
Empower Finance's latest funding round is Loan.
How much did Empower Finance raise?
Empower Finance raised a total of $25.18M.
Who are the investors of Empower Finance?
Investors of Empower Finance include Paycheck Protection Program, Sequoia Capital, Initialized Capital, David Velez, Icon Ventures and 3 more.
Who are Empower Finance's competitors?
Competitors of Empower Finance include Petal, Lune, Klarna, Pay.com, Even and 7 more.
What products does Empower Finance offer?
Empower Finance's products include Empower Cash Advance and 1 more.
Compare Empower Finance to Competitors
Charlie is a financial technology company focused on personal finance management. The company's main service was a digital application that provided users with personalized financial recommendations and strategies for debt repayment. The primary target market for Charlie's services was everyday Americans seeking to improve their financial health. It was founded in 2016 and is based in San Francisco, California.
Qapital is a company that focuses on financial management in the fintech industry. It offers services that allow individuals and couples to save, invest, and spend money with their financial goals in mind, using automation and behavioral science. The company primarily serves individuals and couples looking to manage their finances more effectively. It was founded in 2012 and is based in New York, New York.
Albert operates as a financial technology company. It offers human guidance and technology-based service for finance-related insights to the customers enabling proper utilization of their finances. The company was founded in 2015 and is based in Los Angeles, California.
Chime is a financial technology company operating in the banking sector. The company offers banking services such as checking and savings accounts, credit building, and fee-free overdrafts, all aimed at making financial management easy and accessible for everyday people. Its primary customer base includes everyday Americans who are not well-served by traditional banks. The company was founded in 2012 and is based in San Francisco, California.
Varo provides mobile-based banking solutions. The company offers a variety of banking services, including checking accounts, savings accounts, and credit cards. It primarily serves the asset and management industry. It was formerly known as Ascendit Holdings. The company was founded in 2015 and is based in San Francisco, California.
Brigit operates as a financial health analyzing application facilitating analysis of expenditure, budgeting tools, and offering micro-credits. The company provides various products such as instant cash, credit builder, and more. It offers individuals with financial security measures, opportunities for obtaining funds, and opportunities for personal finance education. It was founded in 2017 and is based in New York, New York.