Our mission is to create positive change for employees, by uplifting individuals from their current debt spirals toward better financial solutions and ultimately the freedom to build a wealthier, healthier future.
What do we do?
Unplanned financial expenses can cause anxiety, stress and decreased productivity within any workforce. The ability to get paid instantly makes a significant difference to any employee going through a financial crisis. After all, life doesn’t wait for payday, why should our employees?
Floatpays is a financial wellness platform that gives employees instant access to their earned, but unpaid income at any point in their payment cycle – to cover unplanned expenses and to provide them with access to financial education and the tools to plan and manage their own budget.
We set out to build a product with integrity that adds value to and creates a positive impact for our users. By empowering employees to access their own money via a transparent, trustworthy and easy-to-use platform, we reduce an employee’s reliance on higher-cost, higher-risk alternatives (such as credit cards, overdrafts, payday loans and informal lending). Our platform seamlessly integrates with standard company payroll software, with zero cost to the business and no change to their cash-flow.
We were recently included in the Y-Combinator Summer 2021 program and have completed a successful Seed Round of investment.