At their past business, RushCard, which showcased a prepaid debit card, Palaniappan stated that employees sometimes asked him for an advance on the paycheck. Sooner or later he started this training to other people away from business. By 2012, this had morphed right into a startup called Activehours, which later rebranded in 2017 as Earnin.
вЂњonce I did that,вЂќ Palaniappan said of advancing employees their paychecks, вЂњI discovered that their life had been a great deal easier. These people were having to pay their bills on time, there have been no more overdraft fees and forget about loans that are payday.