Cross River Bank, a technology infrastructure provider that offers embedded financial solutions, extended a $150 million senior secured revolving credit facility to Activehours, Inc. d/b/a EarnIn (“EarnIn”), a leading earnings management company. The facility, structured by Cross River’s Principal Finance Group (PFG), delivers scalable, cost-effective capital to help EarnIn meet rising demand for its “Cash Out” product- an earned wage access (“EWA”) solution that enables workers to access a portion of their pay prior to their payday.

Cross River is serving as the sole senior secured lender and administrative agent on the facility. The new structure provides EarnIn with flexible, responsive financing to meet the growing demand for EWA. PFG provides credit facilities and forward flow purchase arrangements to innovative fintech platforms that are solving for gaps in the financial system.

“Our partnership with EarnIn reflects Cross River’s mission to support inclusive, technology-driven financial solutions,” said Rahul Jha, Head of Principal Finance Group. “This facility will help EarnIn scale its impact and empower more Americans with timely access to their earnings.”

EarnIn is reshaping the financial system to put control back in the hands of consumers, offering a smarter, more flexible way to get paid. A pioneer in the EWA space, the company launched Cash Out over a decade ago, giving people access to their earnings when they need them.

“Accessing bank capital at this scale underscores the strength of our business model and the maturity of our platform,” said Jacopo Lenzi, Chief Financial Officer at EarnIn. “Cross River’s deep experience partnering with fintech companies is a key enabler as we expand our impact and deliver affordable, real-time access to earnings for even more people.”