Payactiv logo — The Leader in Earned Wage Access.

Payactiv

The Leader in Earned Wage Access.

Founded 2012 United States San Jose, United States 368 employees Series C Total: $133.70M Finance, Financial Services +4

General Information

Company Name Payactiv
Founded Year 2012
Location United States San Jose, United States
Employees 368
Industries Finance, Financial Services, Fintech +3
Funding Stage Series C
Social

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About Payactiv

Payactiv, founded in 2012, is a leading player in the Fintech sector, effectively addressing financial stress among employees through its innovative Earned Wage Access solutions. With the slogan, "The Leader in Earned Wage Access," the company focuses on enhancing employee financial health by providing timely access to earned-but-unpaid wages. Their unique approach targets empowering lower-income American workers with dignity and financial resilience.

Operating from the United States, Payactiv leverages its deep understanding of payment technologies and social responsibility to serve a diverse range of industries, including restaurants, factories, hospitals, and retail. The partnership with notable corporations such as Walmart underscores its widespread acceptance and effectiveness.

The company last raised a significant $100.00M Series C investment on August 13, 2020, with backing from esteemed investors like Eldridge Industries, Generation Partners, and Ziegler Link-Age Funds. This funding positions Payactiv for continued growth and innovation in delivering essential financial services.

Business keywords: Earned Wage Access, Employee Financial Health, Financial Wellness, Income Smoothing, HRTech, FinTech, Financial Inclusion, Alternative to Payday Loans, Employee Engagement, Payroll Solutions, Financial Stress Reduction, Employee Productivity, Workforce Management, Wage Access, Financial Resilience

Services & Products

On-Demand Pay
Earned Wage Access Framework
Digital Wallet App
Payactiv Visa Card
Financial Counseling
Exclusive Discounts

Target Customers

Employees Employers HR Managers Payroll Managers Retail Sector

Funding Rounds & Investors (6)

View All
Funding Stage Amount Investors Lead Investors Date
Series C $100.00M 3
Eldridge Industries, Generation Partners +1
13 Aug 2020
Venture Round Undisclosed 1
Plug and Play
07 May 2020
Series B $20.00M 3
SoftBank Capital, Generation Partners +1
10 Oct 2018
Series A $150.00K 1
Acorn Pacific Ventures
10 Mar 2017
Series A $9.20M 1
SoftBank Capital
17 Feb 2016
Series A $4.35M 2
RTA Capital, Plug and Play
20 Jun 2014

Payactiv Alternatives & Competitors

Payactiv vs
ZayZoon
ZayZoon Canada

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Payactiv vs
Tapcheck
Tapcheck United States

Unlocking Financial Flexibility.

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Payactiv vs
WageNow
WageNow Slovakia

Vďaka WageNow si môžu zamestnanci vybrať výplatu za odpracované dni kedykoľvek. Bez starostí navyše...

Seed
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FAQ About Payactiv

The Leader in Earned Wage Access.
Payactiv was founded in 2012.
Payactiv is headquartered in San Jose, United States.
Payactiv operates in Finance, Financial Services, Fintech, Health and Wellness, Payments and Human Resources. Its work centres on Earned Wage Access, Employee Financial Health, Financial Wellness and Income Smoothing. Its customers include Employees, Employers and HR Managers.
Payactiv has approximately 368 employees.
Payactiv has completed 6 funding rounds, raising a total of $133.70M. The latest funding stage is Series C.
Payactiv offers: On-Demand Pay, Earned Wage Access Framework, Digital Wallet App, Payactiv Visa Card, Financial Counseling, Exclusive Discounts.
Top alternatives and competitors to Payactiv include ZayZoon, Tapcheck, WageNow, Hastee - A Zellis Company, Instant. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Payactiv and ZayZoon are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Payactiv, https://bouncewatch.com/company/payactiv, updated 15 October 2025. When citing, please name BounceWatch and link this page.

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