RICHMOND, Virginia – (BUSINESS THREAD) – Mission Lane, a purpose-oriented financial technology company, today launched a series of product enhancements for its Earn application to help people grow and optimize their revenue through a job search engine and a automated revenue tracker.
Mission Lane offers high quality, transparent, data-driven products and experiences for people trying to build or rebuild their credit and improve their financial lives. Its Earn app, launched in September 2021, is designed to help concertgoers discover new concert opportunities and aggregate earnings information on all jobs in a single convenient panel.
According to a 2021 study by the Pew Research Center, 16 percent of Americans make money through an online concert platform, a number that is higher among those under 30 and people of color. As more people turn to concert work to meet basic needs in today’s high inflation environment or simply to earn some extra money, they are increasingly stressed by the time and effort required to secure a source of income while tracking jobs. in various concert applications.
“Concert work is pretty hard as it is. Through Earn, we’re eliminating the added burden of managing multiple job opportunities across different platforms,” said Lisa Fischer, credit and growth director for Mission Lane. “By providing a single source of personalized information, Earn gives our customers the power to choose the opportunities that best suit their lifestyle, keep track of their earnings and progress, and save time and money.”
Earn users will now have access to a revenue information tool, called “Daily Snapshot,” to help track when and where they earn the most money, allowing them to optimize their shows to increase revenue potential. For example, Mission Lane found that 8:00 pm on a weekday night is the best time for the average Earn user to make the most money, at about $ 25 an hour, compared to the average hourly wage of a $ 20 national worker for one. hour. This revenue tracking screen also allows customers to compare previous shows through filters that include pay, tips, hours, and travel, providing an average hourly rate. Along with the ability to set flexible daily, weekly, or monthly goals, Gig employees have the digital freedom to determine and track their earnings through Earn. In addition, the app has added more than 100,000 job postings, which increases the opportunities available for people to find full-time and part-time work.
Earn has the ability to provide these custom revenue control panels through a partnership with Argyle, a leading employment data aggregator that provides companies with access to user-authorized employment data in real time.
“As individuals deal with record inflation, gas prices, and general economic uncertainty, free offers like Earn can help them manage the stress of reaching the end of the month,” said Shane Holdaway, CEO of Mission Lane. “We continue to evolve with our customers’ needs, always looking for ways to tailor products to an individual’s unique financial situation.”
Earn is one of the many products and services that Mission Lane offers to its customers. The company currently serves two million customers with its market-leading credit and debit card program.
You can find more information about Earn here.
About Mission Lane
Mission Lane is a purpose-oriented fintech that leverages advanced technology, data analytics, and machine learning to deliver a dignified customer experience to people who are working hard to build or rebuild their credit and improve their financial lives. Mission Lane branded products have better terms and are easier to understand than most of the alternatives available to people with non-pristine credit or a limited credit history. The company’s digital self-service tools also make it easier for customers to keep up with their accounts, further helping them improve their credit scores. To date, the company has issued more than two million of its best-in-class mobile credit cards, earning the best customer ratings on CreditKarma for its market segment. In addition to Earn, the company recently launched a Credit Creator Account and offers Mission Money, a debit product. In April 2022, Mission Lane achieved Great Place to Work certification and 91% overall employee satisfaction.
 Adam Ozimek, “Report: Freelance and the Economy in 2019”, Upwork2019: https://bit.ly/3NbDTmr