Founded Year

2012

Stage

Loan | Alive

Total Raised

$196.2M

Last Raised

$3.5M | 2 yrs ago

About Earnin

Earnin sells a service that lets customers get paid for the hours they work, without charging any interest on the payments that clients receive. Users simply take a picture of their time sheet and specify how much money they would like to get paid from their earnings up to that point in the pay cycle.

Earnin Headquarter Location

260 Sheridan Ave

Palo Alto, California, 94306,

United States

415-691-7243

Earnin's Product Videos

ESPs containing Earnin

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTHMARKET STRENGTHLEADERHIGHFLIEROUTPERFORMERCHALLENGER
Consumer & Retail / Retail

These platforms allow workers to access accrued wages before payday. Some companies do this for free, while others charge the worker a small fee that can be deducted from their next paycheck. The fee is typically far more affordable than a high-interest payday loan. Many of these tools are also beginning to incorporate related financial wellness features, such as budgeting tools and educational fi…

Earnin named as Outperformer among 13 other companies, including DailyPay, Branch, and PayActiv.

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Earnin's Products & Differentiation

See Earnin's products and how their products differentiate from alternatives and competitors

  • Cash Out

    Our core Cash Out product supports employees from over 50,000 businesses. Employees simply sign up to the Earnin app, state who their employer is and connect their bank account. Employees can access upto $100/ day upto $500/pay period of wages they have already earned. On payday we debit directly from their bank account.

    Differentiation

    Our ZERO integration technology means we can be deployed rapidly and launch ready in 10 days. 2. We do not have mandatory fees. Employees can voluntarily tip whatever they think is fair for the serv… 

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    Differentiation

    We're on a mission to enable every organization to make smarter decisions about tech. Whether it's finding a new game-changing vendor or understanding a new market, it's easier, faster and smarter with CB Insights. All made possible by the smartest, hardest-working team in tech. Subscribe to see more.

  • Subscribe to see more

    We're on a mission to enable every organization to make smarter decisions about tech. Whether it's finding a new game-changing vendor or understanding a new market, it's easier, faster and smarter with CB Insights. All made possible by the smartest, hardest-working team in tech. Subscribe to see more.

    Differentiation

    We're on a mission to enable every organization to make smarter decisions about tech. Whether it's finding a new game-changing vendor or understanding a new market, it's easier, faster and smarter with CB Insights. All made possible by the smartest, hardest-working team in tech. Subscribe to see more.

Research containing Earnin

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Earnin in 6 CB Insights research briefs, most recently on Mar 30, 2022.

Expert Collections containing Earnin

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Earnin is included in 12 Expert Collections, including HR Tech.

H

HR Tech

4,016 items

HR tech startups are helping companies manage critical pain points in HR processes such as recruitment, automation, career development, compensation, and benefits management, through a mix of software and services.

F

Fintech 250

498 items

D

Digital Lending

1,550 items

This collection contains companies that provide alternative means for obtaining a loan for personal or business use and companies that provide software to lenders for the application, underwriting, funding or loan collection process.

G

Gig Economy Value Chain

155 items

Startups in this collection are leveraging technology to provide financial services and HR offerings to the gig economy industry

F

Future Unicorns 2019

50 items

F

Financial Wellness

245 items

Track startups and capture company information and workflow.

Latest Earnin News

Earnin Hires Amazon Alums for Chief Product Officer, VP of People Roles

Apr 27, 2022

Yair Rivlin and Anne Marie DePaul Haddock Joining Leadership Team With Over 22 Years of Combined Experience at Amazon Download Yair Rivlin joins Earnin as Chief Product Officer. (Photo: Business Wire) April 27, 2022 12:19 PM Eastern Daylight Time PALO ALTO, Calif.--( BUSINESS WIRE )-- Earnin , the leader in building products for a more equitable financial system and a better life for those living paycheck to paycheck, today announced the appointment of Yair Rivlin as Chief Product Officer and Anne Marie DePaul Haddock as Vice President of People. In their respective roles, Rivlin will focus on scaling Earnin’s robust product roadmap and DePaul Haddock will continue to strengthen the company’s positive, mission-focused culture. “Our people are our greatest asset, and the experience Yair and Anne Marie bring to Earnin from their tenure at Amazon aligns with our customer-first approach to offer financial wellness products that work for people,” said Ram Palaniappan, Founder and CEO of Earnin. “They both have a proven track record of successfully driving initiatives that prioritize customers and employees and drive impact, which will help us further strengthen our suite of tools to help stabilize and grow people’s financial futures.” With over 15 years of experience driving significant revenue growth through product development, go-to-market and customer acquisition strategies, Rivlin joins Earnin from his previous position as director of home productivity for Alexa at Amazon’s famed innovation unit, Lab126 . In his role, he designed Alexa’s productivity offerings helping customers manage their schedule and daily tasks via programs such as calendar, reminders, timers, alarms, notes, and weather. Prior to this, he was the general manager for Amazon Transparency, a product serialization and counterfeit prevention program that ensured the integrity of the Amazon marketplace. He also worked on Amazon’s Payments team, leading product for the U.S. and global gift card business across all distribution channels. “Earnin presents an exciting opportunity. It's already seeing tremendous market traction, but the space is large and I am excited to help the team invent and develop meaningful financial solutions for customers,” said Rivlin. “I’m committed to building the company’s suite of tools that help people, reduce stress, gain peace of mind and, ultimately, reach financial well-being.” Well-poised for Earnin’s growth, DePaul Haddock has in-depth expertise in global human resource strategy with a particular specialization in organizational development/design, executive coaching and change management. Prior to joining Earnin, she led a global team as the Head of Human Resources for Amazon Music during a five-and-a-half-year period of rapid growth. For the first eighteen months of her tenure at Amazon, she applied her skills in industrial and organizational psychology to “hire the best” by implementing an assessment worldwide that replaced interviews for fulfillment center and customer service roles. DePaul Haddock pursued her Ph.D. in industrial and organizational psychology at Florida Institute of Technology while also serving as an adjunct instructor, teaching online psychology courses to students. She also previously served as the VP of human resources at Ready Pac Foods, Inc. “With the rate of inflation, growing demands for financial wellness products, and the Great Resignation, I saw immediate value in Earnin’s products for both employees and employers alike,” said DePaul Haddock. “I admire Earnin’s customer first and community member-centric culture and I look forward to expanding this diverse team that constantly generates new ideas and delivers an unmatched customer experience.” Together, Rivlin and DePaul Haddock will support Earnin in solving the challenge of the traditional two-week pay cycle, especially as inflation continues to increase and 64% of the U.S. population lives paycheck-to-paycheck. Earnin remains focused on innovation and the speed with which a person’s own pay is accessible to them. Those that face the liquidity gap between paydays are often choosing from bad options, or have no options at all. Earnin provides more choices that help them effectively balance their finances to manage their life. Rivlin and DePaul Haddock join the team on the heels of Earnin being awarded on the Forbes list of America’s Best Startup Employers 2022 . The company’s fourth placement on the annual award. HR, Payroll and Benefits leaders interested in implementing earned wage access (EWA) for their employees can join Earnin at HRD Collective on May 24. About Earnin As the groundbreaking leader in earned wage access, Earnin’s mission is to build products for a more equitable financial system and a better life. Built for the unique needs of those living paycheck to paycheck, Earnin is designed to free people from the traditional payment cycle and help them take control of their money, starting from when they earn it. Earnin’s comprehensive suite of tools include: Cash Out, which provides access to income as it’s earned, Balance Shield, a low balance alert to help maintain a positive bank balance, Financial Calendar that helps people budget and schedule payments, and Tip Yourself, an easy way to set aside money to reach savings goals. Earnin is community-supported, with no mandatory fees or hidden costs. People tip what they choose to support the service. As of September 2021, Earnin has performed more than 125 million transactions and provided access to $10 billion in earnings for its members. Contacts

Earnin Web Traffic

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  • When was Earnin founded?

    Earnin was founded in 2012.

  • Where is Earnin's headquarters?

    Earnin's headquarters is located at 260 Sheridan Ave, Palo Alto.

  • What is Earnin's latest funding round?

    Earnin's latest funding round is Loan.

  • How much did Earnin raise?

    Earnin raised a total of $196.2M.

  • Who are the investors of Earnin?

    Investors of Earnin include Paycheck Protection Program, Nasir Jones, Ribbit Capital, March Capital Partners, Matrix Partners and 10 more.

  • Who are Earnin's competitors?

    Competitors of Earnin include Paidiem, Wagestream, SoLo Funds, DailyPay, Branch and 13 more.

  • What products does Earnin offer?

    Earnin's products include Cash Out and 2 more.

  • Who are Earnin's customers?

    Customers of Earnin include Walgreens.

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