Earnin

Earnin raised $190M for tip-funded paycheck advances

Shaan details Earnin, which has raised $190M: it scans your bank account, identifies your recurring paycheck, and fronts you the money early for free — monetizing entirely through voluntary tips that fund the next person's advance.

“So what Earnin does— Earnin is a company, they've raised now $190 million. And what Earnin does, you'll see their ads on TikTok. This is how you know they're doing something interesting. So they basically say if you're a retail worker, most, most people, 3/4 of Americans are paycheck to paycheck.”