Beem

Cleo is a financial app that offers cash advances up to $250 without interest or credit checks, aiming to provide immediate financial support to users. By subscribing to Cleo Plus or Cleo Builder, users can access this feature, with first-time users typically qualifying for $20 to $100. The app accommodates gig workers and freelancers by not requiring traditional employment verification or minimum recurring deposits. Users can choose between a free standard transfer, which takes 3-4 business days, or an express option for same-day access with a fee ranging from $3.99 to $9.99. Repayment terms are flexible, allowing users to select a date between 3 and 14 days from the advance. Cleo also provides budgeting tools and financial insights to help users manage their finances effectively.

MyPayFast is an Australian financial service that provides employees with partial access to their salary in advance, offering up to 25% of earned wages, capped at $750, without interest charges. The application process is entirely online and can be completed in minutes, requiring personal details, bank statements, and identity verification through Australia's post-ID verification portal. Eligibility criteria include being employed with a regular income of at least $450 per week, being 18 years or older, and having income deposited into an everyday account. Once approved, funds are deposited directly into the user's transactional account, with repayments automatically debited on the next payday. MyPayFast does not perform credit checks, ensuring that credit scores remain unaffected. The service is designed to alleviate financial stress by providing quick and confidential access to earned wages, allowing users to manage unexpected expenses without waiting for their scheduled payday.