Reimagining the way money moves
As one of the first pioneers of Earned Wage Access, our mission at EarnIn is to reimagine the way money moves to empower every person’s potential.
We’re building a first-of-its-kind hub of financial1 life powered by streamed access to earnings, which allows our community members to spend and save on their own terms.2
Our impact
$400
About 50% of EarnIn customers can now afford a $400 emergency when previously they could not.3
82%
82% of Earned Wage Access customers feel less stressed about their financial situations.4
75%
75% of EarnIn customers reported an increase in work attendance due to less unplanned absences.5
Source: Internal EarnIn analysis, January 2021
We are advocates of Earned Wage Access (EWA)
We advocate for EWA because we believe people should have access to their pay as they earn it — no matter the size of the company. We are committed to working constructively with state and federal regulators and believe new regulations should:
Bring clarity to the EWA space
Protect consumers’ interests
Ensure all EWA providers play by the same rules
Serve companies both large and small
Access when members need it most
EarnIn helps members have more financial peace of mind by giving them control of their money starting from when they earn it.
What people use EarnIn for
Gas50 percent
Groceries or Food75 percent
Avoiding Overdrafts41 percent
Utility Bills 45 percent
Emergency 30 percent
Rent 36 percent
Source: Internal analysis conducted by Earnin in January 2021, represents total users who Cashed Out at least once from January 1 to December 31, 2020
EarnIn all across America
App openings today
Average daily opens as of Dec 2022
We don’t charge mandatory fees - period6
Instead, members can use our products without charge and tip what they want. Tipping is entirely voluntary — it’s just an option for members who want to show their support.
Even if Community Members never tip, it will never impact their access to earnings.
The average tip is less than an out-of-network ATM fee.7
57% of earnings transferred out included a tip, 43% did not.8
EWA boosts financial resilience.
EarnIn partnered with FTI Consulting in a study on the impact of on-demand pay. We found that immediate access to earned wages frees people from making crippling financial decisions and helps families escape debt.
View our Infographic to learn more.
Tackling financial obstacles, financial ethics, and more
Our community is stronger together.
See how EarnIn is partnering with our members and the community at large to create change.
View our COVID-19 study project here.
EarnIn is a financial technology company not a bank. Subject to your available earnings, Daily Max and Pay Period Max. EarnIn does not charge interest on Cash Outs. EarnIn does not charge hidden fees for use of its services. Restrictions and/or third party fees may apply. EarnIn services may not be available in all states. For more info visit earnin.com/TOS.
1EarnIn is a financial technology company, not a bank. The Deposit Account, Secured Account, and EarnIn Card are issued by Evolve Bank & Trust, Member FDIC. The EarnIn Card is issued pursuant to a license from Visa USA Inc.
2Subject to your available earnings, Daily Max and Pay Period Max. Restrictions and/or third party fees may apply, see EarnIn.com/TOS for details.
3Internal analysis conducted by EarnIn in January 2021, represents total users who Cashed Out at least once from January 1 to December 31, 2020
4This research was conducted online by FTI Consulting’s Digital & Insights team, on behalf of Brigit, MoneyLion & EarnIn. FTI Consulting researched n=4,735 of Brigit, MoneyLion and EarnIn’s Direct to Consumer (D2C) Early Wage Access service consumers between the dates of April 21st, 2021 – May 18th, 2021, and results were weighted in equal proportions to ensure equal representation among the consumers of each participating company. Due to the standard convention of rounding, some totals may not add up to 100%
5Internal survey conducted in February 2020 with 889 participants.
6EarnIn does not charge hidden or mandatory fees for use of its services. Restrictions and/or third party fees may apply. For more info visit earnin.com/TOS
7$4.68 ATM fee = $3.02 ATM + $1.66 bank fee https://www.bankrate.com/banking/checking/checking-account-survey/
8Internal data June 2022- Dec. 2022.
