Empower is a groundbreaking financial technology entity known for its inclusive financial services, offering affordable credit, banking facilities, and intriguing features like cash advance and early paycheck deposit access. As the fintech industry burgeons, competitor companies pose a dynamic landscape with various strengths. These alternatives offer diverse products, from business financing solutions to personal loans to accommodate the different financial needs of individuals and businesses. Examining these alternatives provide insight into the potential future directions of the financial services sector, shifting towards more personalized, technology-oriented solutions.


Top 25 Empower alternatives

1. Liberis

  • Website: liberis.com
  • Headquarters: London, England, United Kingdom
  • Founded: 2007
  • Headcount: 201-500
  • Latest funding type: Debt Financing
  • LinkedIn

Liberis is a global leader in embedded business finance solutions, providing funding options and a flawless technology platform to small businesses. They secure financing from major banks for global partner expansion and growth plans. Liberis works with partners worldwide to offer seamless financing solutions to end business customers, resulting in a significant increase in customer transaction volumes. Their product, Business Cash Advance, is a form of receivables finance. They have over 300 partners across 3 continents and have delivered funding through nearly 45,000 deals.


2. Lend

  • Website: lend.com.au
  • Headquarters: Sydney, Victoria, Australia
  • Founded: 2016
  • Headcount: 11-50
  • LinkedIn

Lend.com.au is a technology company that assists businesses in securing the funding they need. They offer small business loans, business lines of credit, equipment financing, and business overdraft facilities. With a user-friendly process and professional customer service, Lend.com.au matches businesses with suitable lenders and provides a secure view-only service for retrieving bank transaction data. They prioritize privacy and do not sell customer data to marketing companies. Lend.com.au works with all lenders, offering fast approval and a wide range of funding options.


3. Quick Cash & Loans

Quickcashandloans.net offers small short-term cash advances and personal installment loans for urgent expenses with affordable, predictable payments. They allow bad credit, have longer terms, and offer lower rates and fees.


4. IMFact

  • Website: imfact.co.ke
  • Headquarters: Nairobi, Noord-Holland, Kenya
  • Founded: 2020
  • Headcount: 11-50
  • Latest funding type: Seed
  • LinkedIn

IMFact is a Smart Finance alternative to traditional bank lending for Kenyan SMEs in supply chain businesses. They offer factoring services, allowing businesses to convert their invoices into immediate cash. IMFact provides affordable and sustainable financing, helping entrepreneurs grow their businesses. With transparent pricing and no hidden fees, they offer tailored financing solutions to meet the unique needs of their clients.


5. Lendzi

  • Website: lendzi.com
  • Headquarters: Los Angeles, California, United States
  • Founded: 2020
  • Headcount: 11-50
  • LinkedIn

Lendzi is an online lending platform that helps small businesses access capital for starting, growing, or expanding their operations. They offer a streamlined application process and match borrowers with loan options from a nationwide network of lenders. With Lendzi, businesses can compare lending options and potentially receive funding within 24 hours.


6. Nix Neighborhood Lending

  • Website: nixlending.com
  • Headquarters: Manhattan Beach, California, United States
  • Founded: 1966
  • Headcount: 51-200
  • LinkedIn

Nix Neighborhood Lending provides financial solutions such as payday loans, personal loans, immigration loans, check cashing, and money transfer services for various situations of life.


7. Avant

  • Website: avant.com
  • Headquarters: Chicago, Illinois, United States
  • Founded: 2012
  • Headcount: 501-1000
  • Latest funding type: Debt Financing
  • LinkedIn

Avant.com is a financial technology company that offers online personal loans to individuals. With a streamlined application process and quick funding, Avant.com provides borrowers with access to funds for various purposes. The company leverages data and technology to offer affordable and personalized loan options to its customers.


8. Sutton Funding

Sutton Funding is a financial products platform that allows businesses to apply for and compare multiple offers in one simple application. They offer free services to help businesses find the best financial products on the market.


9. BFA Business Capital

BFA Business Capital offers affordable financing options to businesses, including SBA loans, invoice factoring, lines of credit, and more. Their goal is to help businesses grow and reach new heights by providing funding options that fit their needs.


10. Cash Net

CashNetUSA is an online lender offering fast funding for emergencies since 2004. Our alternative credit check makes it possible for those with less-than-perfect credit to be approved. We offer payday loan alternatives, installment loans, line of credit, and fast cash.


11. Rapid Finance

  • Website: rapidfinance.com
  • Headquarters: Bethesda, Maryland, United States
  • Founded: 2005
  • Headcount: 201-500
  • Latest funding type: Acquired
  • LinkedIn

Rapid Finance offers flexible financing solutions for businesses, specializing in fast, simple, and trusted business financing. We provide access to working capital when businesses need it most, with terms ranging from 3 months to 60 months and advance up to $500,000. Our financing options cater to the unique needs of small businesses, enabling their long-term growth.


12. ByzFunder

  • Website: byzfunder.com
  • Headquarters: New York, New York, United States
  • Founded: 2018
  • Headcount: 11-50
  • LinkedIn

Byzfunder.com offers business financing options for small and medium-sized businesses. With streamlined technology and fast approval processes, they provide short-term financing solutions to accelerate business growth. They specialize in helping business owners scale their business effectively and affordably.


13. Smart Business Funding

Smart Business Funding is a financial solutions provider for businesses, offering better direct business funding with unbeatable rates and service.


14. Peoples State Bank

  • Website: psb-ebank.com
  • Headquarters: Lake City, Florida, United States
  • Founded: 1999
  • Headcount: 51-200

PSB-EBank seems to be a financial institution or partner that offers cash advance loans and short-term loans to customers in the Lake City area without high requirements or hidden fees. Although Peoples State Bank doesn't provide payday services, PSB-PDL provides the most affordable cash advance online options for receiving money quickly.


15. OptiPay

OptiPay is a cash flow financing solution that offers businesses access to funds without needing to provide property security. The amount of funding is based on the health of your business and can grow as you invoice more.


16. Sunwise Capital

Sunwise Capital is a business loan provider that offers a range of fast and easy funding solutions for small businesses. With a unique approach, Sunwise Capital provides personalized loan offers and higher approval rates using their advanced technology and expertise.


17. Capital Infusion

Capital Infusion is a financial company specializing in providing funding solutions to businesses. They offer a range of financing options including business loans, merchant cash advance, invoice financing, and equipment financing. With a quick and easy application process, they help businesses get the capital they need to grow and thrive.


18. Excel Capital Management, Inc.

Excel Capital Management is a trusted business funding provider specializing in fast small business loans. With an average funding time of 24 hours, we prioritize quick and efficient financing to meet the urgent needs of businesses. Our unbeatable customer service and industry expertise make us a reliable partner for financing solutions. Contact us today through our online application form.


19. Athol Credit Union

Athol Credit Union is a financial institution that offers a range of loans, credit options, and banking services. They specialize in providing home loans, personal loans, vehicle loans, and credit builder loans. With a focus on customer convenience and affordable financing, they strive to help individuals achieve their financial goals.


20. Right Choice Finance PH

Right Choice Finance is a company that provides affordable loans and money transfer services. They aim to offer financial solutions to individuals and businesses in need of funds or looking to send money.


21. The Interface Financial Group

The Interface Financial Group is a technology-driven company that provides working capital solutions, specializing in Supply Chain Finance and Invoice Finance. They offer a cloud-based system and use fast data and a proprietary Dynamic Credit Limit to provide early payment programs to suppliers, including those in the long tail. With flexible integration, they partner with other organizations to offer innovative funding options to businesses of all sizes.


22. Synergy Direct Funding

Synergy Direct Funding provides working capital to businesses utilizing a hybrid line of credit. With amounts ranging from $50,000 to $250,000, funds can be accessed in as little as 2 business days. Their variety of financial products and equipment leasing options provide businesses with the capital they need to grow.


23. Elastic Networks

  • Website: elastic.com
  • Headquarters: Alpharetta, Georgia, United States
  • Founded: 1999
  • Headcount: 51-200
  • Latest funding type: Acquired

Elastic offers a flexible line of credit to customers, with simple pricing and a budgeting tool to help manage finances. Customers can access cash advances quickly and easily, and repayments are required on a monthly basis.


24. Cleo

  • Website: meetcleo.com
  • Headquarters: London, England, United Kingdom
  • Founded: 2016
  • Headcount: 51-200
  • Latest funding type: Series C
  • LinkedIn

Cleo is a financial app that offers up to $100 spot with no interest or credit checks. Users can manage their money, build credit, save, and borrow through the app. Cleo is known for its security and privacy practices, and it aims to help people stress less about money.


25. Logic Advance Group

Logic Advance Group offers business loans and financing solutions such as short-term loans, business term loans, credit card processing, business lines of credit, equipment financing and merchant cash advance to small businesses.


Want to find more Empower alternatives?


If you want to find more companies like Empower that offer varied products, including business financing solutions, personal loans, and credit advancements you can do so with Inven. This list was built with Inven and there are hundreds of companies like these globally.


With Inven you'll also get to know the company's:


  • Ownership: Which of these are private equity backed? Which are family-owned?
  • Contact data: Who are the owners and CEO's? What are their emails and phone numbers?
  • Financials: How do these companies perform financially? What are their revenues and profit margins?

...and a lot more!