PayPal Ventures has invested in salary drawdown startup Even.
Valar Ventures and Founders Fund also invested.
Even enables staff to draw down earned income throughout the month.
It has around 500,000 users at the moment and works with Walmart.
What does this mean?
Even can be offered by workplaces as an employee benefit with a monthly subscription. The reason this particular salary-on-tap service impressed PayPal was the ability it gives users to budget and save.