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What is Empower?

Empower is a financial technology company that delivers a mobile app designed to help users adeptly navigate their financial situations. A key feature of the app is the Cash Advance option, which allows eligible users to obtain up to $300 instantly, free from interest charges, late fees, or credit checks. Furthermore, the Thrive feature provides a credit line ranging from $200 to $400, aiding users in building a solid credit history. To support savings, the AutoSave function tracks users' income and expenses to automatically set aside funds, while the platform also offers comprehensive tools for budgeting and monitoring credit scores. Users pay an $8 monthly subscription fee for these services, thereby enhancing the accessibility of effective financial management. This model not only streamlines the budgeting process but also fosters the development of healthier financial practices over time, ultimately empowering users to take control of their financial futures. By providing these resources, Empower aims to contribute to a more financially literate society.

What is Chime?

Experience a revolutionary approach to online banking with Chime, where clarity prevails and hidden fees are a thing of the past. Benefit from the unique feature of receiving your paycheck up to two days earlier through direct deposit, allowing your savings to increase effortlessly. Enjoy the ease and simplicity of managing your finances online without any added stress. Although Chime functions as a financial technology service instead of a conventional bank, it collaborates with The Bancorp Bank and Stride Bank, N.A. to deliver vital banking services, guaranteeing FDIC coverage for account holders. With the Chime mobile application, you can effortlessly check your account balances, track daily transactions, and monitor your savings from any location. Users can activate balance notifications and receive real-time alerts for every purchase made with their Chime Visa® Debit Card, enhancing their financial awareness. The Pay Friends feature enables instantaneous money transfers to your friends directly through the app, making every banking interaction smooth and efficient. With over 135,000 five-star ratings on app stores, Chime's mobile banking platform is recognized for its intuitive and effective design. If you’re fed up with the usual delays in receiving your direct deposit, simply open a Chime Spending Account and set up Direct Deposit to enjoy early access to your funds. Furthermore, Chime instills a sense of security, ensuring that your financial data is safeguarded while you explore innovative banking solutions tailored to your needs. This blend of convenience and security truly sets Chime apart in the competitive landscape of online banking.

Media

Media

Integrations Supported

Castle
Dubb
Endor Labs
Fello
Final Round AI
MacWhisper
Potion
Unit21
Verve AI

Integrations Supported

Castle
Dubb
Endor Labs
Fello
Final Round AI
MacWhisper
Potion
Unit21
Verve AI

API Availability

Has API

API Availability

Has API

Pricing Information

Free
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Empower Finance

Date Founded

2016

Company Location

United States

Company Website

empower.me/

Company Facts

Organization Name

Chime

Date Founded

2013

Company Location

United States

Company Website

www.chime.com/online-banking/

Categories and Features

Categories and Features

Business Bank Accounts

Bank Wires
Bill Pay
Billing & Invoicing
Business Credit Cards
Checking Account
Checks
Expense Management
Instant Payouts
No Fee Payments
Rewards
Savings Account
Spend Management

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