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
Employees 17
Industries Financial Services, Fintech, Human Resources
Funding Stage Seed
Social

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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.

Business keywords: 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 Undisclosed -
28 Feb 2024
Seed Round $1.70M 5
1982 Ventures, Antler +3
26 Apr 2022
Pre Seed Round $100.00K 1
Antler
15 Jan 2021

Payd Alternatives & Competitors

View All Alternatives
Payd vs
wagely
wagely Indonesia

Asia‘s leading financial wellbeing app for employees 👷🏽‍♀️💙

Venture round
121 employees
Finance, Financial Services
Payd vs

PayLik is a FinTech startup whose aim is to improve the financial-wellness of corporate employees.

Seed
8 employees
Financial Services, Fintech
Payd vs

The heart of employee financial health.

Venture round
35 employees
Financial Services, Fintech

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 Financial Services, Fintech and Human Resources. Its work centres on Financial wellbeing platform, Employee financial wellness, Salary access app and Salary flexibility.
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 wagely, PayLiK, Hastee - A Zellis Company, Maji Financial Wellbeing, Elva Financial Wellbeing. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Payd and wagely 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 Payd, https://bouncewatch.com/company/payd, updated 29 December 2024. When citing, please name BounceWatch and link this page.

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