About Earnin
Earnin is a company based in Palo Alto (United States) founded in 2012 by Ram Palaniappan.. Earnin has raised $190.1 million across 5 funding rounds from investors including Cross River, Ribbit Capital and DST Global Partners. Earnin offers products and services including Cash Out, Early Pay, Balance Shield, Credit Monitoring, and Tip Yourself. Earnin operates in a competitive market with competitors including Wagestream, Gusto, Payflow, Paylocity and DailyPay, among others.
- Headquarter Palo Alto, United States
- Founders Ram Palaniappan
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Sectors
TechnologyFinancial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Earnin Us1 Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$190.1 M (USD)
in 5 rounds
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Latest Funding Round
$150 M (USD), Debt – Conventional
Sep 10, 2025
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Investors
Cross River
& 8 more
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Employee Count
Employee Count
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Products & Services of Earnin
Earnin offers a comprehensive portfolio of products and services, including Cash Out, Early Pay, Balance Shield, Credit Monitoring, and Tip Yourself. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Allows users to access earned wages early via app.
Enables direct deposit up to two days early.
Protects against overdrafts with automatic transfers.
Tracks credit scores for free in the app.
Facilitates automatic savings with each paycheck.
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Software Development Team
74 people
Product Management Team
31 people
Leadership Team
12 people
Senior Team
11 people
Legal and Compliance
10 people
Data Analysis and Operations Team
9 people
Sales and Marketing
9 people
Human Resources and Administration
8 people
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Funding Insights of Earnin
Earnin has successfully raised a total of $190.1M across 5 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $150 million completed in September 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Debt – Conventional — $150.0M
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First Round
First Round
(23 Jul 2014)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2025 | Amount | Debt – Conventional - Earnin | Valuation |
investors |
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| Dec, 2018 | Amount | Series C - Earnin | Valuation | DST Global , March Capital | |
| Sep, 2017 | Amount | Series B - Earnin | Valuation | a16z |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Earnin
Earnin has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Cross River, Ribbit Capital and DST Global Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital investment firm
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Founded Year | Domain | Location | |
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Venture capital investments in technology sectors are handled by Andreessen Horowitz.
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Founded Year | Domain | Location | |
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Early-stage companies in fintech and multiple sectors are invested in.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Earnin
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Earnin
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Earnin Comparisons
Competitors of Earnin
Earnin operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Wagestream, Gusto, Payflow, Paylocity and DailyPay, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Financial benefits platform for on-demand pay is provided to employees.
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| domain | founded_year | HQ Location |
Cloud-based HR and payroll solutions are offered for small businesses.
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| domain | founded_year | HQ Location |
Payflow is recognized as a financial wellness application for employees.
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| domain | founded_year | HQ Location |
Cloud-based payroll and HR solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Developer of an online platform for employee financial benefits
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| domain | founded_year | HQ Location |
Benefits administration and payroll management are provided for businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Earnin
Frequently Asked Questions about Earnin
When was Earnin founded?
Earnin was founded in 2012 and raised its 1st funding round 2 years after it was founded.
Where is Earnin located?
Earnin is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Who is the current CEO of Earnin?
Ram Palaniappan is the current CEO of Earnin. They have also founded this company.
Is Earnin a funded company?
Earnin is a funded company, having raised a total of $190.1M across 5 funding rounds to date. The company's 1st funding round was a Series B of $39M, raised on Jul 23, 2014.
What does Earnin do?
Earnin was established in 2012 in Palo Alto, United States, within the financial technology sector. A platform is operated to facilitate early access to portions of earned paychecks without interest or fees. Employment verification and bank account linkage are required from users. The disbursed funds are automatically debited from the incoming paycheck via direct deposit. Availability is offered through mobile applications on iOS and Android.
Who are the top competitors of Earnin?
Earnin's top competitors include Wagestream, Payflow and Gusto.
What products or services does Earnin offer?
Earnin offers Cash Out, Early Pay, Balance Shield, Credit Monitoring, and Tip Yourself.
Who are Earnin's investors?
Earnin has 9 investors. Key investors include Cross River, Ribbit Capital, DST Global Partners, Andreessen Horowitz, and March Capital.
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