Paytime

Paytime

Human Resources Services

Sydney, New South Wales 1,626 followers

Uplifting financial health of front-line workers

About us

Our mission at Paytime is to break Australian workers free from financial and mental stress. Financial stress is widespread and employees who are affected are less productive, less engaged, and less loyal. It’s a ‘silent killer’ to both employers and employees. Financial and mental stress impacts 1 in 2 of all Australian workers and costs the Australian economy $31 Billion of lost productivity. Paytime partners with companies to empower, educate, equip, and elevate their employees out of financial stress and into financial security, enabling every worker to have: ✅ The ability to deal with emergencies without resorting to payday loans ✅ A solid understanding of how to manage their money and nurture financial wellbeing at home ✅ The tools they need to budget and avoid overdrawn bank fees ✅ A “set-and-forget” savings programme ✅ Access to financial and mental health resources A true financial and mental wellness solution, Paytime helps increase productivity, lower absenteeism, and improve retention rates of our partners’ workforce, all while making their organisation a better place to work. We want to empower workers living pay-check to pay-check (over 50% of Australians!) to achieve the financial well-being they need to take charge of their lives and break free from the payday trap, whilst helping businesses keep their employees happy and engaged in order to be more productive and be a better place to work. Our solution is not a loan nor any form of credit, we are simply enabling employees to access the wages that they earn, after finishing their shift or a work day - the money is already theirs. www.paytime.com.au

Industry
Human Resources Services
Company size
11-50 employees
Headquarters
Sydney, New South Wales
Type
Privately Held
Founded
2021
Specialties
Employee Benefits, Mental Health, Financial Services, Salary Advances, Technology and Automation, Earned Wages, Earned Wage Access, Human Resources, On-Demand Wage Access, Financial Wellbeing, Human Resources, Payroll, CEO, Reward & Remuneration, and On-demand Pay

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Funding

Paytime 1 total round

Last Round

Seed

US$ 1.0M

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