cash advance app

Cleo

AI-styled finance app offering cash advances through paid tiers.

BorrowerRisk7.4High concern

What it is

AI-styled finance app offering cash advances through paid tiers.

Cost structure

Subscription plus express funding may apply

Main concerns and tradeoffs

FTC settlement required $17 million over allegations involving deceptive advance amounts, fees, and subscription practices.

Evidence and verification

Classification and concerns are based on the primary source below. Product terms, availability, and company practices can change.

Open primary source →