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Firm lets workers name paydays, receives $22 million in funding (American Banker)

January 10, 2017

A firm called Activehours that lets hourly workers name their paydays receive $22 million in funding, American Banker reports. Activehours’ app lets employees ranging from Uber drivers to bank employees request potions of their earnings. The Palo Alto, Calif.-based company aims to help workers avoid overdraft fees, payday loans and late fees.