Payd

Payd is a Malaysia-based Financial Services and Fintech startup, founded in 2020. Its slogan, "We partner with businesses to help improve their employees' financial wellbeing," encapsulates its core mission. The company offers a financial wellbeing platform that provides employees with the opportunity to access a portion of their earned salary through their app, promoting financial awareness and flexibility. With its recent $1.70M Seed Round investment on 26 April 2022, Payd has secured backing from notable investors including 1982 Ventures, Antler, The Hive Southeast Asia, IFS Capital, and Delight Capital. This substantial investment reflects the growing interest and confidence in Payd's innovative solution to enhance employee engagement, productivity, and retention through improved financial wellbeing. Payd's value proposition is centered around empowering employees with greater control over their finances, aligning with the evolving needs of the workforce. By providing a lifeline for individuals to manage their finances more effectively, Payd is poised to play a significant role in reshaping the landscape of employee financial wellness.