An HR Perspective:
If you would have told me a year ago, that I would be taking virtual team meetings from my small UWS apartment while scheduling team-wide online Yoga sessions, I would have laughed, said no way, and kept working away at my cozy desk in our open floor plan office. Boy, have the times changed.
I had only just started my career with Even in November of 2019. Being hired as their Director of Culture and Engagement was not only exciting personally from my career growth perspective, but because I was thrilled that a Series B start-up was already so focused on company culture that it invested in a resource completely dedicated to it. We were experiencing the typical start-up growth and onboarding large teams of new employees, what felt like weekly. It was exhilarating—I love building teams, programs, processes from the ground up, which is why I’ve always been drawn to start-ups. Here at Even, our constant challenge was always “where are we going to put people?” which is every start-up’s favorite problem to have. We added more desks, took over more space, and started to explore and visit new and larger office spaces to accommodate our booming growth.
I’ve always been in favor of having a WFH policy as long as it was managed properly and that the manager and employee were committed to it succeeding. That being said, I must admit that I was also pretty “HR Old School” in my train of thought and felt that the majority of employees should be in an office. I bought into the data and research out there that showed in person collaboration was the key to a company’s success. I hadn’t seen anything to show me otherwise to be honest.
When we first made the decision to shut the office down and work from home due to the COVID-19 pandemic, I 100% thought that we'd be back in the office in a couple of weeks. Computer accessories and personal items were left in the office (I didn’t even take home my dog’s treats and bed from the office). We quickly transitioned from in-person meetings to Google Meets….err...meets, and set up a lot of touchpoints throughout the day and week to give employees the opportunity to stay connected. It was actually fun to see the makeshift set-ups that people had orchestrated, whether in their small Manhattan apartments or homes where they were now sharing space with spouses and children (or vice versa!). I can’t speak for all, but I know I speak for many when I say that the first few weeks were tough—fears of the virus itself and trying to stay safe, compounded with fears of the failing economy and dire 24/7 news being broadcasted from every media outlet out there, as well as the normal work from home challenge of being unable to separate work from home.
Over the next few weeks our team worked quickly to ensure that people had the resources/materials they needed to work from home successfully, as well as made sure that mentally, everyone was taking time for themselves. We also had to make sure employees were physically taking care of themselves as we were in the beginning throes of the pandemic. My old apartment was on West End Ave in the UWS and I can close my eyes and still hear all the ambulances going by during those early months of March/April. It became a familiar sound in my neighborhood and a constant reminder of what was going on outside of my protected walls. Ensuring the safety and wellbeing of our employees became our number one priority.
As the weeks turned into months it became clear to all, that we weren’t going back to the office any time soon. Our Chief People Officer, Kyle Roberts, had built a “Roadmap to Return” and we started putting plans together, but with no vaccine in sight and a city still shut down, we started pushing timelines out. I attended more webinars on how to “return to the office” than I care to count! During this time though, we did notice something significant— despite being 100% dispersed, our overall productivity was affected very little. In fact, we found that most (not all) employees enjoyed being remote and were more productive as a result. That being said, we needed to ensure that people were being mindful of separating work from home and not burning out at both ends. We implemented a mandatory once-a-month mental health day for our employees to select at their own discretion (in addition to our unlimited PTO), instituted Summer Fridays, and connected to a Yoga Instructor for free once-a-week virtual classes for employees. Our managers were encouraged to make sure employees were taking breaks and utilizing these new perks to ensure they had the tools to keep their physical and mental wellbeing maintained.
With the timing of a vaccine still uncertain and a timeline for the lives of our employees (as was as the world) being opaque at best, we’re just working to ensure our teammates and friends have what they require to be successful during these turbulent times. External stress factors are high, and it’s important to understand that each person is now dealing with their own variation of what a “work day” looks like. The old school HR rulebook has been thrown to the wayside and replaced by agile solutions to a variety of new situations, with it becoming more important than ever to listen to our teammates regarding what they’re feeling and thinking during all of this. That listening is what has kept our teams collaborative despite the distance between us, and has helped our team perpetuate the programs and perks that have made it still feel like we’re only a couple desks away from each other. The puppy playdates still happen, they’ve just been relocated to digital dog parks until further notice.
Disclaimer: The material provided on this site is not intended to provide legal, investment, or financial advice or to indicate the suitability of any Even Financial product or service to your unique circumstances. For specific advice about your unique circumstances, you may wish to consult a qualified professional. Any information or statistical data sourced by Even Financial through hyperlinks, from third-party websites, are provided for informational purposes only. While Even Financial finds these sources to be accurate, it does not endorse or guarantee any third-party content.
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NEW YORK, NY, March 15, 2022 -- Even Financial ("Even"), the category-leading embedded finance marketplace and independently managed subsidiary of MoneyLion, Inc. (NYSE: ML), has announced a new partnership with Tally, a leading financial automation company, to include the company's low-interest credit offerings on its platform.
"Tally has built a powerful tech-enabled system to help people solve one of the biggest financial problems today: paying off credit card debt," said Phill Rosen, Founder and CEO of Even. "We're thrilled to welcome Tally's line of credit offerings to Even's unparalleled network of financial services providers."
Tally is designed to help its members pay off their debt faster and save them money on interest and late fees. Members can lower their monthly payment with Tally's lower-interest line of credit, if eligible. Typically, at least a 580 FICO score is needed. Tally's system is customized to save people as much money as possible.
"Americans today owe nearly $1 trillion in credit card debt. We know from our research that many want to pay down their debt but struggle to get started. That's where Tally comes in," said Jason Huynh, VP of Credit, Analytics & Operations at Tally. "Our system combines financial automation with a low-interest line of credit to give people the help they need to get on track to pay off their credit card debt for good. We're thrilled that our partnership with Even will allow Tally to help even more people."
The launch of Tally on the Even platform enables consumers to get matched with Tally's custom, low-interest line of credit accounts of up to $25,000 in just a few minutes. After getting matched, eligible consumers complete the process through the Tally app. There are no out-of-pocket costs.
Tally is the latest partner to join the Even marketplace, a growing network of over 400 financial services partners and 500 channel partners covering a breadth of financial services including loans, credit cards, mortgages, savings, and insurance products. Even's marketplace technology enables any company to add financial products to its business, with full compliance and security, at scale.
About Even Financial
Even digitally connects and matches consumers with real-time, personalized financial product recommendations from banks, insurance carriers, and fintech companies on mobile apps, websites, and other digital touchpoints through its marketplace technology. Even's infrastructure leverages machine learning and advanced data science to solve a significant pain point in financial services customer acquisition, seamlessly bridging financial services providers (such as SoFi) and channel partners (such as TransUnion) via its industry-leading API and embedded finance marketplaces. Even enables any company to add financial products to its business, with full compliance and security at scale. Even was named one of "America's Best Startup Employers'' by Forbes for 2021 and was named to the 2021 Deloitte Technology Fast 500, which recognizes the fastest growing tech companies in the world. Learn more at www.evenfinancial.com.
Tally is a consumer financial tech company pioneering full-service financial automation to help people save money, pay down their debt and reach their goals sooner. Founded in 2015, the company built the first fully automated debt manager to help put billions of dollars back in people's pockets. In 2021, Tally was named to Fast Company's Most Innovative Companies list and to Quartz's Best Companies for Remote Workers. Previously, Tally made Forbes' Next Billion Dollar Startup list, Forbes' Fintech 50 list, and the app won Real Simple's Smart Money award. Learn more at meettally.com.
NEW YORK, NY, April 19, 2022 -- Even Financial (“Even”), the category-leading embedded finance marketplace and independent subsidiary of MoneyLion, Inc. (NYSE: ML), has announced it has now facilitated over $5 billion in consumer credit, as of March 2022. Leveraging machine learning and advanced data science, Even solves a significant pain point in financial services customer acquisition by seamlessly bridging financial service providers and channel partners via its industry-leading API and embedded finance marketplaces.
“Surpassing $5 billion in consumer credit facilitated through our marketplace is an enormous achievement for Even as we continue to help build the future of finance technology,” said Phill Rosen, Founder and Chief Executive Officer. “Access to credit has long been a challenge for many hard-working Americans, and we are dedicated to alleviating this issue by providing consumers personalized financial services offers that meet their needs, when they need it most. Reaching the $5 billion milestone reaffirms that our mission is driving significant value for both consumers and our partners."
Even has grown its embedded finance marketplace offerings beyond loans to cover a breadth of additional financial services including credit cards, mortgages, savings, and insurance products. Within loans, Even offers the largest network of premium, connected loan providers - across a wide array of products including unsecured personal loans, secured personal loans, line of credit, student loan refinancing, and auto loan refinancing. Leading financial services providers, such as LendingClub and SoFi, partner with Even to reach qualified consumers searching for loans, benefiting from Even’s unparalleled network and native integrations.
The company has continued its rapid growth trajectory in 2022, growing its network to include over 400 financial services partners and 500 channel partners. Even's marketplace technology enables any company to add financial products to its business, with full compliance and security at scale. Earlier this year, Even announced the close of its acquisition by MoneyLion, the award-winning digital financial platform, which will continue to advance their combined efforts of providing financial access and advice to hard working Americans.
About Even Financial
Even digitally connects and matches consumers with real-time, personalized financial product recommendations from banks, insurance carriers, and fintech companies on mobile apps, websites, and other digital touchpoints through its marketplace technology. Even's infrastructure leverages machine learning and advanced data science to solve a significant pain point in financial services customer acquisition, seamlessly bridging financial services providers (such as SoFi) and channel partners (such as TransUnion) via its industry-leading API and embedded finance marketplaces. Even enables any company to add financial products to its business, with full compliance and security at scale. Even was named one of "America's Best Startup Employers'' by Forbes for 2022 and was named to the 2021 Deloitte Technology Fast 500, which recognizes the fastest growing tech companies in the world. Learn more at evenfinancial.com.