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Everlance

“Can a mobile-first mileage and expense tracker become the end-to-end vehicle reimbursement and tax compliance platform for both gig workers and enterprise fleets?”

HQ595 Pacific Ave, 4th Fl, San Francisco, CA 94133
IndustryVertical SaaS / Expense & Mileage Tracking
The story

Everlance began as a consumer mileage-tracking app for gig workers and self-employed individuals, relying on GPS automation and Plaid-powered bank feeds for expense categorization. Over time it expanded into enterprise vehicle reimbursement (FAVR, CPM programs) and embedded tax filing (Column Tax partnership), addressing the full reimbursement-to-tax lifecycle. In 2025 it was acquired by Motus, positioning it as the mobile execution layer within Motus's broader enterprise mileage reimbursement platform.

Last 12 months
2025
Product timeline
2016
Everlance launched as an automatic mileage and expense tracking app for self-employed workers and gig economy drivers.· pivot
2021
Launched Everlance Business with team expense management, FAVR programs, and CPM reimbursement management for enterprise clients.· banking
2022
Introduced Everlance Business Deposit Account (DDA) backed by Lincoln Savings Bank, enabling hands-free mileage payments via 'Everlance Payments'.· banking
2023
Added 1099 tax filing (powered by Column Tax) and $1 million tax audit protection to the Professional plan.· lending
2025
Motus acquired Everlance, combining Everlance's mobile-first mileage tracking with Motus's enterprise vehicle reimbursement platform.· acquisition
The stack
4 layers disclosed in Everlance’s embedded-finance stack
Banking / BaaS
Lincoln Savings Bank
Open banking
in the full report
Sponsor bank
in the full report
Accounting
in the full report
Accounting gap: significant
3 more providers across 3 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.

Everlance — frequently asked

What bank does Everlance use?

Everlance discloses Lincoln Savings Bank as its banking provider, according to the Embedded Finance Index 2026.

Is Everlance a bank?

Everlance does not disclose a bank charter of its own; its banking services are provided through Lincoln Savings Bank.

Which open banking provider does Everlance use?

Everlance connects to bank accounts through Plaid.

Which accounting software does Everlance integrate with?

Everlance integrates with Xero.

What is Everlance's embedded finance stack?

The Embedded Finance Index 2026 maps 4 layers in Everlance's stack: Banking / BaaS (Lincoln Savings Bank); Open banking (Plaid); Sponsor bank (Lincoln Savings Bank); Accounting (Xero).

Where is Everlance headquartered?

Everlance is headquartered in 595 Pacific Ave, 4th Fl, San Francisco, CA 94133.

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