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 so great for those individuals residing paycheck to paycheck
Approximately half the US population lives paycheck to paycheck and for the they often run out of money between these paychecks year. Therefore, they turn to pay day loans or overdrafts and sometimes spend fees that are late well. This costs this population https://speedyloan.net/title-loans-ks hundreds and even 1000s of dollars each year. There is certainly a better solution this is certainly just starting to gain traction, it’s called gained wage access.
He could be on a objective to greatly help this populace access the funds they have acquired.
In this podcast you shall discover:
- The theory that led to the founding of PayActiv.
- Simply how much it costs employees maybe perhaps not to be able to access their wages.
- Why attained wage access has garnered more attention recently. Leggi tutto ›