Founded in 2015, Even is headquartered in Oakland, California and provides payroll and accounting services, including earned wage access.
The company raised $1.5 million in seed funding that year, led by tech investor Keith Rabois.
[2] In 2017, Walmart paid Even an undisclosed amount to begin offering early wage access to its employees.
[4] In July 2018, the company raised $40 million during its Series B round of funding, which was again led by Rabois.
[5] In 2020, PayPal CEO Dan Schulman announced that the company would be partnering with Even to offer the service to its employees.