Cleo is a mobile app that provides short-term cash advances. To use the service, consumers link their bank accounts and subscribe to Cleo. Through this subscription, users can request cash advances of up to $300.
These advances are automatically repaid from the user’s bank account, unless the consumer chooses to repay earlier by selecting a different date. Cleo also charges extra fees if consumers want to receive their advances more quickly.
Labaton Keller Sucharow LLP and Berger Montague P.C. are representing clients in individual consumer arbitration claims against Cleo. If you have a Cleo account and have received a cash advance, you may qualify for a claim under federal and state laws depending on your state of residence.


