Roughly half the US population lives paycheck to paycheck and through the entire they often run out of money between these paychecks year.

Roughly half the US population lives paycheck to paycheck and through the entire they often run out of money between these paychecks year.

The CEO and Founder of PayActiv covers received wage access and exactly why it may be therefore ideal for the individuals paycheck that is living paycheck

Roughly half the US population lives paycheck to paycheck and through the entire they often run out of money between these paychecks year. Therefore, they turn to pay day loans or overdrafts and sometimes spend late fees as well. This costs this population hundreds and sometimes even 1000s of dollars each year. There was a much better solution that is just starting to gain traction, it really is called made wage access.

Our guest that is next on Lend Academy Podcast is Safwan Shah, CEO and Founder of PayActiv. He’s on a mission to simply help this population obtain access to the cash these have received. How PayActiv has exploded with time. Just just How their wage that is earned access works. The guardrails they set up to make sure their product can be used responsibly. Characteristics for the user that is typical of. The pushback they many get from employers often.

This bout of the Lend Academy Podcast is sponsored by LendIt Fintech United States Of America 2020, the world’s biggest fintech event focused on financing and banking that is digital. Welcome to the Lend Academy Podcast, Episode No. 214, this really is your host, Peter Renton, Founder of Lend Academy and Co-Founder associated with LendIt Fintech Conference.

Today’s episode is sponsored by LendIt Fintech United States Of America, the world’s largest fintech event focused on financing and electronic banking. It’s occurring on May 13th and 14th, 2020, at the Javits Center in ny. Читать далее «Roughly half the US population lives paycheck to paycheck and through the entire they often run out of money between these paychecks year.»