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
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 24
Date | Title | Description | Source |
08.02.2022 | Are We Promoting Healthy Financial Habits? Research from Kno... | NEW YORK, Feb. 08, 2022 (GLOBE NEWSWIRE) -- With the recent economic challenges caused by the COVID-... | marketscre... |
08.02.2022 | Are We Promoting Healthy Financial Habits? Research from Kno... | NEW YORK, Feb. 08, 2022 (GLOBE NEWSWIRE) -- With the recent economic challenges caused by the COVID-... | globenewsw... |
29.07.2021 | Aimbridge Hospitality Selects Payactiv To Deliver Financial ... | Aimbridge Hospitality Expands Its Deep Commitment to Associate Financial Wellness ThroughEarned Wage... | aithority.... |
28.07.2021 | Aimbridge Hospitality Selects Payactiv to Deliver Financial ... | SAN JOSE, Calif., July 28, 2021 /PRNewswire/ -- Payactiv, Inc., a leading provider of financial-em... | prnewswire... |
18.03.2021 | Payactiv Adds Senior Leaders to Management Team | SAN JOSE, Calif., March 18, 2021 /PRNewswire/ -- Payactiv, Inc., the leader in Earned Wage Access ... | prnewswire... |
03.03.2021 | $50 Million in Early Wages Accessed in 2020 with OnShift Wal... | CLEVELAND, March 03, 2021 (GLOBE NEWSWIRE) -- OnShift®, a leader in human capital management softwar... | globenewsw... |
05.02.2021 | How Earned Wage Access Can Upend Predatory Lending And Build... | "The timing of when you are paid is entirely in the control of your employer. It's a technology... | forbes.com... |
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... | fintechfut... |
18.08.2020 | PayActiv Users Choose to Access Hourly Wages in Real-Time wi... | SAN JOSE, Calif., Aug. 18, 2020 /PRNewswire/ -- Recent data from PayActiv, Inc. ("PayActiv&qu... | prnewswire... |
13.08.2020 | PayActiv Scoops Up $100M Series C Financing | SAN JOSE, CA, PayActiv has secured $100 million of funding. >> Click here for more funding ... | vcnewsdail... |
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