Podcast 214: Safwan Shah of PayActiv. Our guest that is next on Lend Academy Podcast is Safwan Shah, CEO and Founder of PayActiv.

Podcast 214: Safwan Shah of PayActiv. Our guest that is next on Lend Academy Podcast is Safwan Shah, CEO and Founder of PayActiv.

The CEO and Founder of PayActiv covers received wage access and just why it could be therefore great for the individuals residing paycheck to paycheck

Approximately half the US population lives paycheck to paycheck and through the entire they often run out of money between these paychecks year. Therefore, they resort to pay day loans or overdrafts and sometimes spend late fees as well. This costs this population hundreds if not 1000s of dollars each year. There clearly was a better solution this is certainly needs to gain traction, it really is called acquired wage access.

He could be on a objective to greatly help this populace obtain access to the funds these have received.

In this podcast you shall discover:

  • The concept that resulted in the founding of PayActiv.
  • Exactly how much it costs employees perhaps maybe not having the ability to access their wages.
  • Why attained wage access has garnered more attention lately.
  • Exactly just just How PayActiv is continuing to grow in the long run.
  • Exactly exactly How their earned wage access system works.
  • The guardrails they set up to make sure their item is employed responsibly.
  • Characteristics associated with user that is typical of.
  • The pushback they many often get from employers.
  • Exactly How PayActiv makes cash. […]