Our Story

PayActiv was founded to level the playing field for the millions of lower-income hourly workers being exploited and monetized for their 'between paychecks' cashflow timing issues. Rather than dwell over wage stagnation and tax structures, we at PayActiv set out to do what we knew best—solve this real-world problem with imagination and innovation.

Hence, our vision is simple—bring financial security, dignity, and savings to the millions experiencing financial stress. We believe that building a financial technology business requires more than great technology and amazing design. It requires a profitable yet socially-responsible business model and a deep commitment to improving the lives of our users.

The term 'financial wellness'—or the concept of real-time access to earned income—wasn’t known, popular, or even a part of the FinTech industry when PayActiv embarked on this journey. Despite this fact, we knew we had a concept which could revolutionize the historical delay in the timing of pay, offer employees true financial wellness, and simultaneously, improve retention, recruitment, and engagement for businesses in all industries.

With this, we set on our mission to create a holistic financial wellness platform which enables employers to provide their workers instant relief from their between-paychecks financial headaches. We’re elated to say, our technology empowers companies globally to help their employees be less stressed and lead more productive lives.

We’ve even received a few awards along the way: Best Fintech Solution from Finovate and Best HR Product of 2016 from HR Executive. To date, we’ve received $17.2M in funding.

We’re FinTech for ordinary people.