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Podcast: Mindful Businesses
Episode: Earnin - Your Money When You Want It
Description: Financial insecurity can be expensive, living paycheck to paycheck and with overdraft fees, penalties, higher interest and mortgage rates. Seven out ten households in America live paycheck to paycheck. Ram Palaniappan , founder of Earnin, noticed that one of his employees had to get payday loans to pay her expenses. Though she had worked her hours she got paid only after two weeks and her bills were due now. He decided to advance her salary as soon as she put in the hours. Soon the word got around, and other employees and non-employees reached out to Ram to avail of t...