PayActiv, Inc.

PayActiv, Inc.
Point of Contact (Public)
Safwan Shah
Phone Number
408.676.6561
Email Address info@payactiv.com

Key Features

Type
For-Profit
Service(s) Offered
Financial Counseling & Coaching Services
Online Financial Management Tools
Savings Products & Services
Short-Term Loans & Accrued Wage Advances
Geography Served
National
Pricing Options
Employee pays
Employer pays for service
Free
Size of Employer Served
All sizes
Are services accessible for non-English speaking employees?
Yes
Description

PayActiv is an award-winning holistic financial wellness platform for employees to get on-demand access to earned but unpaid wages. Businesses that partner with PayActiv see significant cost reductions through increased engagement and retention. Employees love PayActiv because it eliminates the between-paycheck financing fees of payday loans, bank overdrafts and title loans. PayActiv also offers a suite of services that include better banking products, savings and budgeting tools, bill payment and financial health measurement. PayActiv is backed by SoftBank Capital and won best in class awards in both FinTech and HRTech categories in 2016. Visit www.payactiv.com to learn more.

 

Additionally, PayActiv provides a suite of employer sponsored financial wellness services. The wage advance is used to pay bills (33%) so we offer Free bill pay. All of the users want better control over their financial lives so we offer a revolutionary 'units of time' savings feature. The GPR Visa is to get 'immediate' access to funds. 

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