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Payactiv Inc.

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Empowering Workforces with Real-Time Wage Access and Financial Security Solutions.

Operating within the staffing industry, this innovative company provides a comprehensive financial wellness platform that has been adopted by over 1,500 companies, serving more than 2 million individuals. Since its inception in 2012, the firm has redefined payroll practices by offering earned wage access, allowing employees to receive their earnings in real-time, rather than waiting for the traditional bi-weekly pay cycle. This approach has proven beneficial by moving over $5 billion in wages to workers, subsequently saving them more than $400 million in predatory fees and penalties. As a Certified B-Corp, the company adheres to rigorous standards of social and environmental performance, emphasizing transparency and accountability to support workforce prosperity and economic vitality.

The company's platform is recognized as a vital component of modern HR and payroll solutions, addressing pressing financial needs for employees while boosting engagement and productivity. By harnessing time and attendance data, they offer this service at no cost to employers, enhancing employee benefits without adding financial burden to businesses. Their Visa Card and accompanying app afford users the convenience of fee-free transactions, early paychecks, and access to an array of budgeting, savings, and discount tools. The organization's innovative approach to staffing challenges helps mitigate the exploitative cycle of payday loans and underscores their mission to provide financial security and dignity, encapsulated by their vision to alleviate financial stress for millions nationwide.

Empowering Workforces with Real-Time Wage Access and Financial Security Solutions.

Operating within the staffing industry, this innovative company provides a comprehensive financial wellness platform that has been adopted by over 1,500 companies, serving more than 2 million individuals. Since its inception in 2012, the firm has redefined payroll practices by offering earned wage access, allowing employees to receive their earnings in real-time, rather than waiting for the traditional bi-weekly pay cycle. This approach has proven beneficial by moving over $5 billion in wages to workers, subsequently saving them more than $400 million in predatory fees and penalties. As a Certified B-Corp, the company adheres to rigorous standards of social and environmental performance, emphasizing transparency and accountability to support workforce prosperity and economic vitality.

The company's platform is recognized as a vital component of modern HR and payroll solutions, addressing pressing financial needs for employees while boosting engagement and productivity. By harnessing time and attendance data, they offer this service at no cost to employers, enhancing employee benefits without adding financial burden to businesses. Their Visa Card and accompanying app afford users the convenience of fee-free transactions, early paychecks, and access to an array of budgeting, savings, and discount tools. The organization's innovative approach to staffing challenges helps mitigate the exploitative cycle of payday loans and underscores their mission to provide financial security and dignity, encapsulated by their vision to alleviate financial stress for millions nationwide.

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Headquarters

4300 Stevens Creek Blvd, Ste 185, San Jose, CA 95129-1276, USA