We were busy in 2022! We continued to expand our team and our product offerings, and launched a number of new initiatives in an effort to make Level the place for microbusinesses and self-employed workers to start, grow, and manage their business. Here are some of the highlights from the past year:
Level Earnings Account and Level Visa Debit Card
Ensure your business finances are safe and organized with the Level Earnings Account. Get access to an FDIC-insured checking account with no minimums or monthly fees - plus plenty of extra perks like our Visa Debit Card, Level Advance and Get Paid Early services!
Level Advance via the Level Earnings Account
The Level Earnings Account has allowed us to deliver Advances to you quicker and easier than ever! First, we are able to disburse funds to you instantly once we’ve verified that you’ve successfully completed the checkout process. Second, the Level Earnings Account automates the Advance repayment process. All you need to do is set up deposits from your work apps into the Level Earnings Account, and Level will automatically manage your repayments.
By setting up direct deposit to your Level Earnings Account, get paid up to 2 business days faster for income on supported apps. This product is available with the Level Earnings Account at no cost and takes less than 5 minutes to set up!
More features in the Level Account
Now, in addition to using your Level Account to view your Advance application and repayment status, you may also apply for a new Advance from your account whenever you need more funding. We’ve also added a “Your Business” page where you can manage your linked earning sources, provide more information about your business, and get a quote for commercial insurance by the hour, day, or month.
We revamped our website to help customers and our partners better understand how Level’s services work. We hope you take it for a spin!
It's been a busy year here at Level, and we're grateful for everyone who has joined us in our vision of creating a world where the smallest businesses have the biggest opportunities. We’re looking forward to another great year in 2023 – be on the lookout for more product and feature updates!.
"My money is coming in faster than it ever was. Once it hits my account on TaskRabbit it shows up in my Level account. No waiting until 12am the next day, right when you say sent on TaskRabbit, it is in my Level bank card. That’s amazing, you all are just really good." - Janae, California