22 February 2022
Payflow is a Spanish fintech that allows employees to get their earn-salary whenever they want, through an intuitive app. Payflow is creating a revolutionary social benefit for the employees and their company.
Accessing earned income allows employees to have greater control over their finances, gain financial security, help with better budgeting and hence improve their financial wellbeing. Companies can attract and retain employees, and improve productivity, with no impact on cash flows.
Since its creation in 2020, Payflow is the leader of its sector in the Iberian peninsula , with more than 175 clients and 100,000 users.
The company raised last month a 9.1M USD Series A funding round with the participation of C.Entrepreneurs (along with Cathay Innovation), Seaya Ventures, Y Combinator, Force Over Mass Capital and Rebel Fund.
More than ever, solutions like Payflow are needed to empower employees and improve their quality of life. Insurers also have a role to play, by providing a brick in the financial well-being platform that Playflow is building and BNP Paribas Cardif will take part of it.