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Lendtable

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

About

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.

Topics

Location
San Francisco, CA, United States
Team size
20 employees
YC batch
Summer 2020
Status
Active
Stage
Growth stage

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Questions and answers

What does Lendtable do?

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

Where is Lendtable based?

San Francisco, CA, United States

How many people work at Lendtable?

20 employees, according to the company profile.

Has Lendtable raised money?

There are no funding rounds for Lendtable in our data.

What are the alternatives to Lendtable?

Similar startups: Stripe, NALA, and Alpaca.