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 analyzes received wage access and exactly why it may be therefore ideal for those individuals paycheck that is living paycheck

Approximately half the US population lives paycheck to paycheck and through the 12 months they frequently come to an end of income between these paychecks. Therefore, they resort to pay day loans or overdrafts and sometimes spend late fees as well. This costs this population hundreds as well as 1000s of dollars each year. There was an improved solution this is certainly needs to gain traction, it’s called received wage access.

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

In this podcast you shall discover:

  • The theory that resulted in the founding of PayActiv.
  • Simply how much it costs workers perhaps not to be able to access their wages.
  • Why attained wage access has garnered more attention recently title loans maine.
  • Exactly just How PayActiv is continuing to grow as time passes.
  • Exactly just How their earned wage access system works.
  • The guardrails they set up to make certain their item is employed responsibly.
  • Characteristics associated with typical individual of PayActiv.
  • The pushback they many often get from companies.
  • Exactly Exactly How PayActiv makes cash. [Read more…]