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To bring financial well-being to all workers, thus allowing them to increase their motivation and productivity at work.
Payflow was founded in 2020 with the aim of improving the financial well-being of company employees. The app allows users the freedom to access earnings on a daily basis, rather than waiting for payday.
Of course, employers must agree to the platform first and do so in adherence to government guidelines, which might complicate compliance and internal matters in some territories. To buffer this, PayFlow allows companies to set their own rules on how the payment process works, therefore finding a compromise between workers' and employers' needs.
Payflow have received significant funding and aims to expand into LATAM countries such as Brazil and Chile. Especially relevant in a time of global financial uncertainty, it’s no surprise that Payflow has caught on for lower-paid skilled and unskilled labour markets, empowering employees to make their own financial decisions.
Freddie
Company Specialist at Welcome to the Jungle
Jul 2024
$6.4m
EARLY VC
Jan 2022
$8.5m
SERIES A
This company has top investors
Avinash Sukhwani
(Co-Founder)Currently Investor at LANAI. Previously Co-Founder and COO at Rocket Internet, Consultant at Boston Consultant Group and Co-Founder at Woodlark.
Benoit Menardo
(Co-Founder)Currently Investor at Sketchnote Partners, LANAI Partners and Mansa.