Empower
Curated by SignalCash advance lending platform offering instant funds and budgeting tools.
About
Empower operates in the cash advance lending sector, offering various banking services aimed at providing immediate financial solutions to individuals. The company utilizes artificial intelligence and machine learning to conduct rapid credit assessments, which can lead to quick approval and disbursement of cash advances, often on the same day. Empower's platform includes a mobile app that features instant cash delivery, customizable payment plans, personalized budgeting categories, and a line of credit referred to as Thrive. The company targets consumers who require urgent financial assistance and seeks to address issues related to accessibility and convenience in banking, allowing users to manage their finances through a subscription-based model.
Key facts
- Founded
- 2010
- Headquarters
- Ottawa, Canada
- Stage
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- Industry
- Financial Technology
- Sector
- Digital Lending
Business model
- GTM channel
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Contact
- Primary office
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