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A tour of Lyft1 / 9

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
2012founded
3.6our rating out of 5
50achievement points, Silver
How it works2 / 9

What you do on Lyft

How the money is made: driving and delivery

  1. Pass the checks
  2. Go online in the app
  3. Take rides or orders
  4. 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

200020052010201520202025Maxim: 2003BlaBlaCar Poland: 2006Uber: 2009FREENOW: 2009Ola: 2010Gojek: 2010Uklon: 2010Cabify: 2011Grab: 2012Careem: 201299: 2012DiDi: 2012BiTaksi: 2012Bolt: 2013inDrive: 2013Heetch: 2013SafeBoda: 2014Pathao: 2015Angkas: 2015Rapido: 2015Kakao T: 2015Bykea: 2016Little: 2016Yassir: 2017LINE Go: 2017Tootle: 2017Roby: 2017Yango: 2018Marti: 2018GO Japan: 2020Yoxi: 2020Faras: 2020Lyft, 2012
Each dot is a platform of the same type, placed at its founding year.

Work and topics

Good for

Fees3 / 9

What Lyft takes

Service fee varies by ridewhat it costs you

Service fee varies by ride

Getting paid4 / 9

How the money reaches you

From sign-up to payout

  1. Sign upFree
  2. Quick profile or ID reviewIncludes an ID check
  3. Do the work
  4. Earnings clearWeekly, or instant with Express Pay
  5. First payoutDays
$6.75minimum payout$0$20

$6.75 for Express Pay, $5 in New York, standard deposit minimum unconfirmed

2 ways to withdraw

  • Bank transfer
  • Express Pay debit card
Who can join5 / 9

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

OpenNot listed

Check it with your country →

Real earnings6 / 9

What people actually earn

Good to know · All-time30% fee cap

Lyft caps its fee at 30% of what passengers pay (before external fees are subtracted), part of its driver earnings commitment.

Source: lyft.com ↗
Good to know · 2023Tips 8% of earnings

In 2023, tips made up 8% of Lyft driver earnings on average, across all drivers.

Source: lyft.com ↗
Rating and achievements7 / 9

How it scores

3.6out of 5

Strong on track record. Weaker on proof of earnings.

FeesGetting paidAccessTrack recordProof of earnings
  • FeesNot enough facts
  • Getting paid3.8
  • Access3.3
  • Track record5.0
  • Proof of earnings2.5
50/100 ptsSilver
  • Free to join
  • Low payout bar
  • Fast payouts
  • Loved app
  • Top 10K website
  • 10 years running
  • Public company
  • Fully documented
Profile completeness8 / 9

How much we know

83%

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

Know one of these? Tell us →

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