Even

=Description"

"Even’s “product” is an app, still in beta testing, that smooths the irregular, up-­and-­down paychecks of hourly workers into the steady flow of a simulated salary. On good weeks, when users outearn their Even salary, the company banks the surplus into a separate, Even-­managed savings account. On bad weeks, when users fall short, they still get their salary, thanks to past surpluses or to interest-­free credit from Even. The app won’t do anything for the 25 million Americans who, according to the Federal Deposit Insurance Corporation, have no bank account, nor will it help any of the many Americans who are simply too broke to get by even in the good weeks. Yet the Even founders have become something rare: innovators for the less fortunate in a Bay Area technology scene full of people who variously ignore America’s historic level of inequality, worsen it with their real ­estate purchases or “leverage” it when they realize that the losers of the new world order they’re building can at least be their Uber drivers, Instacart grocery deliverers and Homejoy toilet scrubbers.

The company’s founders believe that the stress of poverty flows more from the irregularity of income than from its dearth — from the inability to make and keep plans."