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Payd logo — We partner with businesses to help improve their employees f...

Payd

We partner with businesses to help improve their employees financial wellbeing.

Founded 2020 Malaysia Malaysia 17 employees Seed Total: $1.80M Financial Services, Fintech +1

General Information

Company Name Payd
Founded Year 2020
Location Malaysia Malaysia +2
Employees 17
Industries Financial Services, Fintech, Human Resources
Funding Stage Seed
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About Payd

Payd is a Malaysia-based Financial Services and Fintech startup, founded in 2020. Its slogan, "We partner with businesses to help improve their employees' financial wellbeing," encapsulates its core mission. The company offers a financial wellbeing platform that provides employees with the opportunity to access a portion of their earned salary through their app, promoting financial awareness and flexibility. With its recent $1.70M Seed Round investment on 26 April 2022, Payd has secured backing from notable investors including 1982 Ventures, Antler, The Hive Southeast Asia, IFS Capital, and Delight Capital. This substantial investment reflects the growing interest and confidence in Payd's innovative solution to enhance employee engagement, productivity, and retention through improved financial wellbeing. Payd's value proposition is centered around empowering employees with greater control over their finances, aligning with the evolving needs of the workforce. By providing a lifeline for individuals to manage their finances more effectively, Payd is poised to play a significant role in reshaping the landscape of employee financial wellness.

Taxonomy: Financial wellbeing platform, Employee financial wellness, Salary access app, Salary flexibility, Budgeting tool, Employee engagement, Productivity improvement, Retention strategies

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round •••••• - 28 Feb 2024
Seed Round •••••• 5
Investor Investor Investor Investor Investor
26 Apr 2022
Pre Seed Round •••••• 1
Investor
15 Jan 2021

Payd Alternatives & Competitors

Payd vs
Refyne
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Payd vs
Circo
Circo Singapore

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Payd vs
HariWang Malaysia
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FAQ About Payd

We partner with businesses to help improve their employees financial wellbeing.
Payd was founded in 2020.
Payd is headquartered in Malaysia.
Payd operates in the following industries: Financial Services, Fintech, Human Resources.
Payd has approximately 17 employees.
Payd has completed 3 funding rounds, raising a total of $1.80M. The latest funding stage is Seed.
Top alternatives and competitors to Payd include Refyne, Circo, HariWang Malaysia, Bridge Access, PayLiK. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Payd and Refyne 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.

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