Lendtable (YC Summer 2020)

TL;DR: Lendtable is a Y Combinator Summer 2020 startup We give employees cash advances for their 401k match and ESPP, currently active with a team of 20.

We give employees cash advances for their 401k match and ESPP

YC ID
22174
YC Batch
Summer 2020
Status
Active
Team size
20
Industry
Fintech, Credit and Lending
Tags
Fintech
YC profile
https://www.ycombinator.com/companies/lendtable

Last verified:

1 in 4 Americans do not get their full 401(k) match. That means 25 million workers are leaving $24 billion on the table in free employer contributions. The primary reason these workers cannot get their match is because they do not have enough to both cover living expenses and invest. Lendtable helps workers get thousands in additional income by giving them a cash advance to cover their living expenses so they can finally begin earning their employer match. Once their money has vested we take some of the match money earned in order to cover our expenses. Workers now have thousands of dollars more without putting any money down, and we make money helping them do so -- we win if they win.

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Frequently asked questions

Is Lendtable a YC (Y Combinator) company?

Yes. Lendtable was funded by Y Combinator in the Summer 2020 batch. We give employees cash advances for their 401k match and ESPP

What does Lendtable do?

1 in 4 Americans do not get their full 401(k) match. That means 25 million workers are leaving $24 billion on the table in free employer contributions. The primary reason these workers cannot get their match is because they do not have enough to both cover living expenses and invest. Lendtable helps workers get thousa…

What YC batch was Lendtable in?

Lendtable was part of Y Combinator's Summer 2020 batch.

How big is Lendtable?

Lendtable has a team of 20 people according to Y Combinator's directory.

Is Lendtable still active?

Lendtable is currently listed as Active with a team of 20 in Y Combinator's directory.

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