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Summer 2020Fintech

Lendtable

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

Seoable for Lendtable

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About Lendtable

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.

Quick facts

YC Batch
Summer 2020
Founded
2020
Headquarters
San Francisco
Team size
20
Industry
Fintech • Fintech -> Credit and Lending
Tags
fintech
Website
lendtable.com
Profiles
LinkedIn · Twitter · GitHub

Founders

Sheridan Clayborne
Founder
I was the youngest person to get into Northwestern at age 15, where I was a Computer Science and Econ Major. Dropped out of Northwestern to pursue my startup full-time. I spent time working at JP Morgan and Goldman Sachs…
Mitchell Jones
Founder
I am a founder with the goal of helping all people to better save and invest for their financial future. I believe that with the right nudge (and a little help from software) we can help people do the right thing and mak…

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