Empower Finance news and trends

Millennial-Focused Digital Bank Empower Finance Raises $20M
Investments // March 06, 2020

San Francisco-based Empower Finance, a mobile banking app aimed at helping millennials save wealth, has raised $20 million in a Series A funding round led by Defy Ventures and Icon Ventures, according to a report. The Founder and CEO of Nubank David Velez also participated...

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Empower Signs Deal to Acquire Petal, Completes Purchase of Cashalo

April 09, 2024
Empower Finance plans to acquire Petal and has completed its acquisition of Cashalo. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and to […]

Millennial-Focused Digital Bank Empower Finance Raises $20M

March 06, 2020
San Francisco-based Empower Finance, a mobile banking app aimed at helping millennials save wealth, has raised $20 million in a Series A funding round led by Defy Ventures and Icon...