PayActiv
Latest round
- Series C
Last raised
- Aug 2020
Total raised
- $86M
Investors
- 5
About PayActiv
PayActiv, Inc.Founded in 2012 in San Jose, US, PayActiv, Inc. specializes in financial wellness services, focusing on Earned Wage Access.PayActiv offers a comprehensive financial wellness platform centered on its core product, Earned Wage Access (EWA), which allows users to access their earned wages before the traditional payday. The Payactiv app provides budgeting tools, savings recommendations, and access to financial counseling, addressing various financial challenges faced by clients.PayActiv generates revenue primarily through transaction fees linked to its financial services, particularly through the Payactiv Visa Card for purchases. Users accessing their earned wages via Payactiv typically incur no direct costs if they meet specific account criteria.In August 2020, PayActiv, Inc. The company is focusing on expanding into new markets, particularly targeting additional sectors within the US and exploring opportunities internationally.
Who invested in PayActiv
5 investors across 4 rounds
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Questions about PayActiv
Who invested in PayActiv?
PayActiv has 5 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has PayActiv raised?
PayActiv has raised 4 venture rounds. Sign up free to see how much each round raised and the total.
When did PayActiv last raise money?
PayActiv's most recent round on record is a Series C, in Aug 2020.
What does PayActiv do?
PayActiv is a software company.
Where is PayActiv headquartered?
PayActiv is headquartered in San Jose, US.
Which VCs invest in companies like PayActiv?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at PayActiv's stage. Their profiles are linked below.
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