Empower Finance, Inc. Acquires Petal and Cashalo to Revolutionize Lending in the U.S. and Southeast Asia

Empower Finance, Inc. has entered into a definitive agreement to acquire Petal, a consumer credit card and financial technology company, and finalized its acquisition of Cashalo, a consumer credit and lending company. These strategic acquisitions enable Empower to make significant advancements in the U.S. credit card sector and Southeast Asian credit market.