Earned Wage Access Platform Payd Raises RM7.5 Million in Seed Funding
Fintech News Malaysia
April 26, 2022
Give your employees the ability to withdraw their earned salary, whenever they need it.
When employers rethink the way of working and prioritise the financial health of their staff, they retain the best of their employees while repeating the highest levels of productivity.
Less time spent on financial worries means sharper focus during working hours
Better alignment with your company’s mission & vision
Say fewer goodbyes and save time hiring new employees to fill their job
*Validated statistics from secondary sources, actual data from Payd varies from industry to another
Spend less time processing approvals, paperwork and sign offs for advance salaries. Payd keeps the process transparent and instant whilst freeing up HR’s time.
Payd integrates with the most popular HR and payroll systems. User-friendly functionality makes it easy to operate for all participants.
Payd stores and processes data inline with PDPA regulations. All processing is carried out within the ASEAN region in datacenters that are designed and built to meet rigorous compliance standards.
Give your employees the ability to manage and handle their wages as they need it.
A must-have for any forward-thinking organisation.
Flexible Earned Wage Access
Employees can access up to 50% of their earned salary for a small transaction fee from the first day of the pay period.
Enable employees to better plan and manage their finances
Track activities from your employer dashboard.
Curated content and guides to improve your employees financial wellbeing
Nor Asyikin, Legasi Security
Payd's Earned Wage Access Service has been very helpful. Our employees can withdraw money in advance and worry less about not having enough money. They no longer have waiting days for advances to be approved and can access their earned wages without worry.
The app is simple, user friendly, convenient and a seamless process for our employees to access their earned salary. All in less than a minute.
Head of C&B
Our employees are appreciative that we made their earned salary accessible to them via Payd as it helped them when they were in emergency situations
Rian Azzrihan, myTukar
Head of People
As Head of People, I had to think of new initiatives to address our employee financial wellbeing. Payd came along at the right time by providing earned salary on demand to help our employees when they are in need.
Launch a new employee benefit in a matter of weeks.
Let us show you how!
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