Lyft Money is the financial services arm of Lyft, Inc., designed specifically for its drivers. The core of Lyft Money is the Lyft Direct program, which features a debit card and an online bank account managed through partner banks (such as Stride Bank, N.A.). Launched to provide drivers with faster and more flexible access to their earnings, the service enables instant payouts after every ride at no extra cost, eliminating the traditional weekly payment delay. The program also includes benefits like cashback rewards on everyday purchases like gas and groceries, access to a network of no-fee ATMs, and savings features, all aimed at improving the financial stability of its gig-worker community.

Founded in

Australia