About Floatpays

Website

Address

Cape Town, Western Cape 7530, ZA

Company Size

1-15
Summary

Floatpays Mission

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.

Perks
Generous leave policy
Autonomous workplace
Fully remote
Flexible Hours
Share scheme
Tech Stack

Application and Data

Rails
PostgreSQL
Javascript
MySQL
Ruby
React
HTML5
Elixir
TypeScript
React Native
Amazon Cognito
Amazon CloudFront
Amazon API Gateway

DevOps

GitHub
Git
Docker
GitLab
Android Studio
npm
Xcode
Terraform
Sentry

Utilities

Amazon Route 53
Amazon SES

Business Tools

Google Apps
Slack
Confluence