Lyft in 9 slides

The second-largest ride-hailing platform in North America, with open sign-up for drivers who meet vehicle and background requirements. Drivers earn per ride plus tips and can cash out instantly.
- Ride-hailing company
- Ride platforms
- Based in San Francisco, California, United States
What you do on Lyft
How the money is made: driving and delivery
- Pass the checks
- Go online in the app
- Take rides or orders
- Cash out
The second-largest ride-hailing platform in North America, with open sign-up for drivers who meet vehicle and background requirements. Drivers earn per ride plus tips and can cash out instantly.
Founded 2012 · next to 32 other ride platforms
Work and topics
Good for
What Lyft takes
Service fee varies by ride
How the money reaches you
From sign-up to payout
- Sign upFree
- Quick profile or ID reviewIncludes an ID check
- Do the work
- Earnings clearWeekly, or instant with Express Pay
- First payoutDays
$6.75 for Express Pay, $5 in New York, standard deposit minimum unconfirmed
2 ways to withdraw
- Bank transfer
- Express Pay debit card
Can you join?
Yes, if you are 25 or older and live in Canada and United States.
You need a smartphone, a car, a driver's licence, vehicle insurance and a background check. Your profile and ID are reviewed before you start. The first payout comes within days.
What you need
- 25 or olderMinimum age
- A smartphone
- A car
- A driver's licence
- Vehicle insurance
- A background check
- An ID checkBefore you can work or withdraw
- Free to joinSign-up cost
- Quick profile or ID reviewHow sign-up works
Open in 2 countries
What people actually earn
Lyft caps its fee at 30% of what passengers pay (before external fees are subtracted), part of its driver earnings commitment.
Source: lyft.com ↗In 2023, tips made up 8% of Lyft driver earnings on average, across all drivers.
Source: lyft.com ↗How it scores
Strong on track record. Weaker on proof of earnings.
- FeesNot enough facts
- Getting paid3.8
- Access3.3
- Track record5.0
- Proof of earnings2.5
- Free to join
- Low payout bar
- Fast payouts
- Loved app
- Top 10K website
- 10 years running
- Public company
- Fully documented
How much we know
We have 14 of the 17 things we track for every platform. Fees, payouts, join rules, countries and real earnings count most.
What we have
- What kind of platform it is
- Year founded
- Headquarters
- Fees
- Minimum payout
- How fast you get paid
- Withdrawal methods
- Join requirements
- Countries it accepts
- Real earnings figures
- Wikipedia or reference page
- Support channels
- Mobile apps
- Social accounts
Still missing
- Plain-English overview
- Payment protection
- Review ratings