Initialized Capital Leads Investment; Members Receive a 1% Cashback Debit Card, High Interest Savings and an AI Financial Assistant SAN FRANCISCO, September 19, 2018-- Empower, a financial technology company whose mission is to reimagine consumers' relationship with their money, today announced it has raised $4.5 million. The round was led by Initialized Capital with participation from existing investor Sequoia Capital. This latest round will accelerate the company's new product offering, Empower banking, a new kind of mobile bank with unmatched rewards.