PayActiv's mission is to bring security, dignity and savings to workers through an award-winning holistic financial wellness platform that gives employees on-demand access to earned but unpaid wages. Businesses that partner with PayActiv see significant cost reductions through increased recruitment, engagement and retention. Employees love PayActiv because it eliminates the expensive, between-paychecks tolls of payday loans, bank overdrafts and late fees. PayActiv also offers a suite of financial services that include savings and budgeting tools, bill payment and financial health measurement. PayActiv has won best in class awards in both FinTech & HRTech and is the provider of Earned Wage Access to Walmart.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 08/13/20 | $100,000,000 | Series C |
Eldridge Industries Generation Partners Ziegler LinkAge Longevity Fund | undisclosed |
