FundedIQ
Administrative Services

PayActiv: Funding, Investors & Team (Oct 2026)

As a Public Benefit Corporation and Certified B Corp, we believe that people and economies flourish when everyone is able to fully participate. We liberate earned wages from pay-cycle lag time, by providing timely access to money, revolutionizing how people earn, access, and use wages. Thriving comes after surviving. Financial wellness begins after all livelihood needs are met - our livelihood app does just that for the modern workforce.

www.payactiv.com LinkedIn San Jose, United States 101-250 employees
Employee Benefits Finance Financial Services FinTech Human Resources Mobile Payments Payments Wellness
Total raised
$100M
Rounds
1
Latest
Undisclosed round
Aug 2020

PayActiv has raised $100M across 1 funding round on record, the most recent an undisclosed round of $100M announced in Aug 2020.

That round is above the $5.0M median round size for Administrative Services companies tracked on FundedIQ over the last two years.

PayActiv Company Profile and Key Stats

Total funding raised
$100M
across 1 round on record
Funding rounds on record
1
Latest funding round
Undisclosed round
$100M in Aug 2020
Employees
101-250
reported band
Headquarters
San Jose, United States

Latest funding round on record: Aug 2020.

PayActiv Funding Rounds

Date
Round
Amount
Undisclosed round
$100M

PayActiv Founders and Leadership Team

Name
Role
Contact
Safwan Shah
CEO
Locked

Contact details for the PayActiv team: 1 of 1 has an email address on file.

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PayActiv Funding Compared to Other Administrative Services Startups

Segment
Companies
Median round

PayActiv's latest round of $100M is above the median round in Administrative Services. Medians cover the last 24 months of disclosed rounds.

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PayActiv Funding FAQs

What does PayActiv do?

As a Public Benefit Corporation and Certified B Corp, we believe that people and economies flourish when everyone is able to fully participate. We liberate earned wages from pay-cycle lag time, by providing timely access to money, revolutionizing how people earn, access, and use wages. Thriving comes after surviving. Financial wellness begins after all livelihood needs are met - our livelihood app does just that for the modern workforce.

How much funding has PayActiv raised?

PayActiv has raised $100M across 1 round on record. The most recent is an undisclosed round of $100M announced in Aug 2020.

When did PayActiv last raise funding?

PayActiv's most recent funding round on record is an undisclosed round of $100M, announced in Aug 2020.

Who is the CEO of PayActiv?

Safwan Shah is listed as CEO at PayActiv.

Where is PayActiv headquartered?

PayActiv is based in San Jose, California, United States.

How many employees does PayActiv have?

PayActiv is in the 101-250 employee band.

How does PayActiv's funding compare to other Administrative Services startups?

PayActiv's latest round of $100M is above the $5.0M median round size for Administrative Services companies on FundedIQ across 1,897 tracked companies over the last two years.

About FundedIQ's PayActiv Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for PayActiv is left off this page rather than filled in.

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