Payactiv

Payactiv was founded with the mission to alleviate financial stress for the millions of hardworking individuals who live paycheck to paycheck. Many customers face the challenge of managing expenses that arise before their scheduled payday, leading to reliance on high-cost alternatives like payday loans or incurring overdraft and late fees. This financial strain not only impacts their personal well-being but can also affect their productivity and engagement at work. Payactiv addresses this by providing Earned Wage Access (EWA), allowing employees to access the wages they have already earned but not yet received. This empowers them to cover immediate needs without resorting to predatory lending or accumulating unnecessary debt. Our customers, the employees of businesses we partner with, gain greater control over their finances and can navigate unexpected expenses with more confidence.

Beyond EWA, Payactiv offers a comprehensive suite of financial wellness tools designed to support long-term financial health. We understand that true financial security goes beyond simply accessing earned wages. That's why our platform includes features for budgeting, saving, bill pay, and access to financial counseling. For employers, partnering with Payactiv means investing in their workforce's financial stability, which can lead to tangible benefits such as reduced employee turnover, increased productivity, and improved morale. We aim to create a win-win scenario where employees achieve greater financial dignity and security, and businesses foster a more stable and engaged workforce. Our commitment as a Public Benefit Corporation and a Certified B Corp underscores our dedication to using business as a force for good, ensuring that our solutions genuinely benefit the individuals and communities we serve.