Payactiv

Payactiv: Revolutionizing Earned Wage Access

Payactiv, the leader in earned wage access, addresses the critical need for financial relief between paychecks, a service required by two-thirds of the workforce. The company provides businesses with essential tools to mitigate the financial stress of their employees and cultivate a more productive workforce.

Founded in 2011, Payactiv was the first to revolutionize the timing of pay, focusing on enhancing employee financial health and empowering lower-income American workers with dignity. The company accomplishes this by granting employees timely access to their earned-but-unpaid wages.

Driven by a strong social responsibility DNA and leveraging decades of experience in payments technologies, Payactiv has reimagined the delivery of financial services to lower-income workers. The platform is designed to facilitate financial resilience and wellness for every user.

With a strong presence in the United States, Payactiv serves thousands of employees across various industries including restaurants, factories, hospitals, retail stores, and more. Notably, it has secured a significant $100.00M Series C investment on 13th August 2020 with support from investors such as Eldridge Industries, Generation Partners, and Ziegler Link-Age Funds. One of its marquee clients is Walmart.