Based in Silicon Valley, Payactiv is led by a team of payment industry experts with a track record of delivering multiple innovative products. Payactiv investors include SoftBank Capital, founders and industry leaders.
Payactiv provides employers with secure infrastructure and tools to increase employee productivity and engagement by reducing employee financial stress.
Payactiv makes payroll work more effectively for the benefit of both employer and employees.
Payactiv offers its solutions by partnering with forward-looking employers and financial wellness service providers. In the US alone, it is estimated that over 80 million employees are living paycheck to paycheck and they frequently use short-term loan products for income smoothing. Payactiv offers a dramatically better alternative to these employees. Employers who have chosen to partner with Payactiv have experienced remarkable improvement in financial wellness and engagement of their employees.
The Payactiv solutions are available on both iOS and Android devices for small and large companies. Every effort has been made to bring Payactiv into a workplace with virtually no effort or cost.
Payactiv Delivers
Security | Dignity | Savings
Payactiv provides employers with secure infrastructure and tools to increase employee productivity and engagement by reducing employee financial stress.
Payactiv makes payroll work more effectively for the benefit of both employer and employees.
Payactiv offers its solutions by partnering with forward-looking employers and financial wellness service providers. In the US alone, it is estimated that over 80 million employees are living paycheck to paycheck and they frequently use short-term loan products for income smoothing. Payactiv offers a dramatically better alternative to these employees. Employers who have chosen to partner with Payactiv have experienced remarkable improvement in financial wellness and engagement of their employees.
The Payactiv solutions are available on both iOS and Android devices for small and large companies. Every effort has been made to bring Payactiv into a workplace with virtually no effort or cost.
Payactiv Delivers
Security | Dignity | Savings
Location: United States, California, San Jose
Employees: 201-500
Total raised: $129.2M
Founded date: 2012
Investors 5
| Date | Name | Website |
| - | Plug and P... | plugandpla... |
| - | Generation... | generation... |
| - | Eldridge | eldridge.c... |
| - | Acorn Paci... | acornpacif... |
| - | Horizen Ve... | horizenven... |
Funding Rounds 3
| Date | Series | Amount | Investors |
| 13.08.2020 | Series C | $100M | Eldridge |
| 10.10.2018 | Series B | $20M | - |
| 17.02.2016 | - | $9.2M | - |
Mentions in press and media 26
| Date | Title | Description |
| 21.10.2024 | Payactiv Wins ‘Tech of the Future’ Award | - |
| 16.05.2024 | MoEngage Unveils 2024 Customer Engagement Benchmarks Based on 20Bn+ Data Points, 3,250+ Customers, and 1,000+ B2C Marketers | Empowering Marketers with Actionable Insights for Superior Customer Engagement Strategies Summary: MoEngage released its Customer Engagement Benchmarks Report for 2024 today, focusing on the USA and Canada. This comprehensive analysis, deri... |
| 08.02.2022 | Are We Promoting Healthy Financial Habits? Research from Knology Answers Key Questions on U.S. Financial Education Spending | NEW YORK, Feb. 08, 2022 (GLOBE NEWSWIRE) -- With the recent economic challenges caused by the COVID-19 pandemic, the value of financial literacy has become increasingly apparent. In recent times, some for-profit companies and banks have lau... |
| 08.02.2022 | Are We Promoting Healthy Financial Habits? Research from Knology Answers Key Questions on U.S. Financial Education Spending | NEW YORK, Feb. 08, 2022 (GLOBE NEWSWIRE) -- With the recent economic challenges caused by the COVID-19 pandemic, the value of financial literacy has become increasingly apparent. In recent times, some for-profit companies and banks have lau... |
| 29.07.2021 | Aimbridge Hospitality Selects Payactiv To Deliver Financial Empowerment To 35,000 Associates | Aimbridge Hospitality Expands Its Deep Commitment to Associate Financial Wellness ThroughEarned Wage Access (EWA) from Payactiv. Payactiv, Inc., a leading provider of financial-empowerment services for wage earners, welcomes Aimbridge Hospi... |
| 28.07.2021 | Aimbridge Hospitality Selects Payactiv to Deliver Financial Empowerment to 35,000 Associates | |
| 18.03.2021 | Payactiv Adds Senior Leaders to Management Team | |
| 03.03.2021 | $50 Million in Early Wages Accessed in 2020 with OnShift Wallet | CLEVELAND, March 03, 2021 (GLOBE NEWSWIRE) -- OnShift®, a leader in human capital management software for post-acute care and senior living, today announced it has achieved a series of significant milestones with its financial wellness solu... |
| 05.02.2021 | How Earned Wage Access Can Upend Predatory Lending And Build Employee Financial Wellness | "The timing of when you are paid is entirely in the control of your employer. It's a technology ... [+] decision" says Safwan Shan, CEO of Payactiv. "Earned Wage Access" allows employees to access wages they have earned ... |
| 19.08.2020 | PayActiv raises $100m Series C funding round led by Eldridge | PayActiv, a US-based payroll integration firm, has secured $100 million through its Series C funding round. The round comes less than a year after it became a Public Benefit Corporation. According to Crowdfund Insider, the round was led by ... |
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