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Payactiv

Payactiv

Private
San Jose, CaliforniaFinTechhttps://www.payactiv.com/

Last Round

Series C

Aug 13, 2020

Est. Valuation

$500M

Total Funding Raised

$133.55M

Momentum

Top 25%

of companies Caplight tracks

Company Overview

Payactiv is a financial technology company that provides an employer-sponsored financial wellness platform offering earned wage access, digital wallet services, and AI-driven financial planning tools.

Sector

FinTech

Verticals

Digital Payments, Lending & Credit, HR, Personal Finance

Business Model

B2B2C

Customer Profile

Payment Processing Fee, Usage-Based SaaS

AI Layer

Application

Keywords

earned wage accessEWAsalary advancefinancial wellnessemployee benefitspayroll integrationon-demand payAccess-as-a-ServiceAPI infrastructureVisa+payday loan alternativedigital walletB2B2CHR techfintech

Historical Pricing

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Payactiv Comps

Public and private peers based on sector, stage, and business model.

Payactiv comps — public and private peers by sector, stage, and business model
CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Payactiv Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series CAug 13, 2020
Series BOct 11, 2018
Series AFeb 18, 2016
SeedJun 25, 2014

Key People

Founding team and executive leadership

Ijaz Anwar

Co-Founder & Chief Operating Officer

Founding Team

Sohail Aslam

Co-Founder CTO

Founding Team

Safwan Shah

Founder And CEO

Founding Team

Payactiv Investors

Notable investors and investment history

Payactiv investors
InvestorRounds
ZieglerSeries C, Series B
Generation PartnersSeries C, Series B
SoftBank CapitalSeed, Series B, Series A
SoftBank GroupSeries B, Series A
Eldridge IndustriesSeries C
Softbank China and India HoldingsSeries B, Series A
EldridgeSeries C

Market signals

Structured signals derived from secondary market and firmographic data.

  • Mar 4, 2026

    Scaling function for a multi-million dollar business partnership.

  • Mar 4, 2026

    Job posting indicates the company's app provides financial services to millions of users.

Payactiv Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Payactiv Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Payactiv's valuation, stock price, and market status.

Firmographic Details

HeadquartersSan Jose, California
Employee Range384
Year Founded2012
Last FundingAug 13, 2020

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