I am the technical co-founder of a company in the earned wage access space (link in bio). Happy to answer any questions. The main takeaways are: - We are paid

I am the technical co-founder of a company in the earned wage access space (link in bio). Happy to answer any questions. The main takeaways are: - We are paid back by the company on payday so the credit risk is on the company not the consumer. - Many (most?) of our users do not have access to consumer credit and would be classified as underbanked / unbanked. This is a great book for more background: https://www.amazon.com/Unbanking-America-Middle-Class-Survives-ebook/dp/B01912OYO0 https://www.amazon.com/Unbanking-America-Middle-Class-Surviv... - We charge a fixed fee per transaction, no interest is accrued or carried. - Philosophically, every day you work and are unpaid for it, you are selling your employer an interest-free bond of your labor whose term is payday.