Full-Time
Software Engineer
Confirmed live in the last 24 hours
PayActiv
201-500 employees
Provides early access to earned wages
Compensation Overview
$120k - $150kAnnually
Senior
Milpitas, CA, USA
This is a hybrid position, which implies that the candidate will need to work in-office some days.
- 5+ years of experience in .Net development stack, including .Net Core, C#, and Web API, or equivalent expertise.
- Bachelor's Degree or work-related experience
- Strong understanding of object-oriented programming principles.
- Proficiency in RDBMS, with skills in MS SQL Server and Amazon Aurora.
- Hands-on experience developing applications using RESTful APIs, Microservices, Web applications, Batch services, and Data connectors.
- Sound knowledge of design patterns and ability to identify and mitigate anti-patterns.
- Familiarity with source code control/versioning tools such as TFS and Git.
- Experience with cloud platforms, particularly AWS.
- Embrace test-driven development principles and maintain code quality.
- Create and optimize services and system architectures for projects, providing feedback to the team.
- Improve code quality through unit testing, automation, and conducting code reviews.
- Collaborate with multidisciplinary teams, including Back-End Software Engineers, Project Managers, and System Administrators.
- Participate in brainstorming sessions and contribute innovative ideas for technology, algorithms, and product enhancements.
- Dive into challenging problems and deliver effective solutions within specified timelines.
- Work closely with product and design teams to understand end-user requirements, translate them into use cases, and develop pragmatic technical solutions.
- Foster open communication and collaboration within the engineering team.
- Implement security measures and data protection protocols within applications.
- Ensure adherence to fundamental design principles for building scalable and secure applications.
- Continuously optimize application performance, quality, and responsiveness.
- Identify and resolve bottlenecks and bugs, developing innovative solutions.
- Build and optimize SQL queries and stored procedures in SQL Server databases.
- Ensure efficient data retrieval and manipulation.
PayActiv provides a financial service that allows workers to access their earned wages before the traditional payday. This service helps individuals avoid high fees associated with payday loans and overdrafts. PayActiv calculates the wages workers have earned but not yet received by using time and attendance data from their employers. Once the employer processes the payment, the funds are made available on the worker's Payactiv Visa Card, often allowing for earlier access to their money. Unlike many competitors, PayActiv does not charge employers for offering this service, instead generating revenue through transaction fees when workers use their cards. The company's goal is to support workers financially while also being socially responsible, as it operates as a public benefit corporation and certified B Corp, focusing on the well-being of its users and the community.
Company Size
201-500
Company Stage
Series C
Total Funding
$130.2M
Headquarters
San Jose, California
Founded
2012
Simplify's Take
What believers are saying
- Integration with Oracle Cloud Marketplace expands PayActiv's reach and user base.
- Partnership with OnShift eliminates EWA fees, increasing accessibility for senior care workers.
- Recent $20 million funding supports expansion of financial wellness offerings.
What critics are saying
- Increased competition from fintech startups could erode PayActiv's market share.
- Regulatory scrutiny on EWA services may impact PayActiv's business model.
- Economic downturns could reduce employer spending on benefits, affecting revenue.
What makes PayActiv unique
- PayActiv pioneered Earned Wage Access (EWA) in 2012, revolutionizing payroll systems.
- The company offers a holistic financial wellness ecosystem beyond just EWA.
- PayActiv is a certified B Corp, balancing profit with social impact.
Help us improve and share your feedback! Did you find this helpful?
Benefits
Health Insurance
Dental Insurance
Vision Insurance
401(k) Retirement Plan
401(k) Company Match
Tuition Reimbursement
Gym Membership
Paid Vacation
Paid Family Leave
Growth & Insights and Company News
6 month growth
↓ -4%1 year growth
↓ -3%2 year growth
↓ -4%SUNNYVALE, Calif., Feb. 12, 2025 /PRNewswire/ -- Plug and Play GOAL achieved significant milestones in 2024, driving innovation, fostering collaboration, and enhancing its global presence. In the past year, the US Soft Landing program supported 90 startups from over 12 countries, delivering 13 programs in in-person and hybrid formats. Looking ahead to 2025, the focus remains on advancing the entrepreneurial ecosystem and empowering startups worldwide. From its establishment in 2009, the GOAL program has accelerated over 1000 startups from across the globe to connect them to Silicon Valley resources.Last year, Plug and Play worked closely with 16 esteemed collaborators and program sponsors, including the Armenian Ministry of High Tech Industry, City of Hamburg, City of Laval, Daegu Chamber of Commerce and Industry (Daegu CCI), Enterprise Singapore, Hamdi Ulukaya Initiative, Hong Kong Science and Technology Parks Corporation (HKSTP), Innovation Denmark, Korea Environmental Industry Association (KEIA), K Innovation Center (KIC) in Silicon Valley, Korean Ministry of Environment, New Energy and Industrial Technology Development Organization (NEDO), Startup Lithuania, Team of Wakers, The State of Schleswig-Holstein, and Zagreb Innovation Centre (ZICER). These partnerships played a key role in supporting startup growth and fostering innovation."We bring our startups into the Plug and Play ecosystem, which provides immense benefits, such as meeting real American people, experiencing the culture, and understanding how to expand their business in the U.S.," said Alexandre Corriveau, Director of Terro X from Laval
SAN JOSE, Calif., Aug. 27, 2024 /PRNewswire/ -- Payactiv, Inc. , the pioneer and leading provider of Earned Wage Access (EWA) and employer-sponsored holistic financial wellness benefits, has won the Silver Stevie® Award in the "Technology Excellence - Financial Technology" category. This prestigious recognition underscores the unwavering commitment to innovation by Payactiv and its dedication to enhance financial security of the American workers through cutting-edge technology."We are thrilled to receive this award, which validates our relentless focus to revolutionize financial technology for the benefit of millions of workers across United States," said Safwan Shah, CEO and co-founder of Payactiv. "This recognition inspires us to further innovate and expand our services, reinforcing our mission to unlock access to liquidity for workers and foster a more equitable society."Stevie judges commended Payactiv for its pioneering role in the financial wellness space, particularly its introduction of EWA in 2012. Beyond EWA, Payactiv has developed a robust financial wellness ecosystem that includes bill payments, saving and budgeting tools, 1:1 financial coaching, and exclusive discounts, all seamlessly integrated with leading HCMs.As a Public Benefit Corporation and Certified B Corporation, Payactiv continues to lead the industry in financial innovation
Millions of Workers Empowered to Gain Financial Control with Timely Access to Earned WagesSANTA CLARA, Calif., Nov. 8, 2023 /PRNewswire/ -- Payactiv , a leading provider of holistic financial wellness benefits, and a member of Oracle PartnerNetwork (OPN), today announced it is now available on Oracle Cloud Marketplace and can be integrated with Oracle Fusion Cloud Human Capital Management (HCM) .With Payactiv , Oracle Cloud HCM customers will now be able to help their employees manage day-to-day finances, pay bills on time, save and budget, access free 1:1 financial coaching and reach their financial goals.Recent research by 60 Decibels revealed Earned Wage Access (EWA) plays a pivotal role in safeguarding workers from dangerous debt traps, reducing payday loan usage and overdraft incidents by 70% and 69%, respectively. According to the same study, 7 out of 10 Payactiv users reported increased job satisfaction, underscoring its value as an attractive employee benefit."We're thrilled to work directly with Oracle Cloud HCM customers and bring to them our best-in-class holistic financial wellness solutions," said Safwan Shah, CEO and co-founder of Payactiv. "Our availability in Oracle Cloud Marketplace will enable millions of workers to gain timely access to their earned wages and will further bolster Oracle's market-leading HR solution.""Earned Wage Access and financial wellness benefits are powerful employee recruitment and retention tools," said David Hicks, group vice president, Worldwide ISV and Cloud Business Development, Oracle. "With Payactiv and Oracle Cloud HCM, organizations can help improve employee satisfaction and demonstrate their commitment to supporting the financial well-being of their valued workers."Oracle Cloud Marketplace is a centralized repository of enterprise applications offered by Oracle and Oracle partners.About PayactivPayactiv, an award-winning certified B-Corp, is the leading provider of Earned Wage Access, offering a suite of financial wellness services designed to empower people to participate in the economy they helped create. Our platform and digital wallet serve 4,000+ businesses and level the playing field for millions of workers who struggle with cashflow between paychecks.Payactiv is the Gold Stevie® Award winner for the 2023 'Corporate Social Responsibility Program of the Year', winner of the 'Best Innovative or Emerging Tech Solution' at the 2022 HR Tech Awards, a Silver Stevie® Award for our 'All-in-One Digital Wallet and Livelihood Platform', and 'Best Wellness Program' award at the California Excellence HR Awards
SAN JOSE, Calif. , Sept. 27, 2023 /PRNewswire/ - Payactiv, the leading provider of employer-integrated holistic financial wellness benefits, has released its 2023 Impact Report.
2023 Impact Report Shows Payactiv EWA Cuts Reliance on Payday LoansSAN JOSE, Calif., Sept. 27, 2023 /PRNewswire/ -- Payactiv , the leading provider of employer-integrated holistic financial wellness benefits, has released its 2023 Impact Report. The report reveals how employer-sponsored Earned Wage Access (EWA) helps U.S. workers avoid financial hardships and increase job satisfaction.Key Insights:Payactiv Impact Report 202374% of respondents said without timely access to earned wages, their households would be negatively impacted75% said timely access helped them cope with rising costs71% reported improved budgeting due to timely access to earned wagesEWA is primarily used for: Food (71%) Transportation (64%) Utilities (58%)is primarily used for:Impact on Loans and Overdrafts:Before employer-sponsored EWA : 30% relied on high-interest payday loans and 33% were hit by overdrafts.30% relied on high-interest payday loans and 33% were hit by overdrafts. After employer-sponsored EWA : Payday loans and overdraft use plummeted by 70% and 69%, respectively among the respondentsThe data confirms that timely access to earned wages helps avoid dangerous debt traps.One user commented, "without access to Payactiv, I would struggle to eat and commute to work, potentially risking my job.""Timely access to funds when you need them the most is an antidote to predatory products. Our 2023 Impact Report proves that EWA reduces the need for high-interest loans and provides safer access to money," said Safwan Shah, CEO and co-founder of Payactiv.Increased Job Satisfaction: A Win for EmployersThe report indicates a strong link between EWA, employee satisfaction, and higher retention rates, making it an attractive benefit.Five out of 10 respondents rated Payactiv as an "extremely important" benefitSeven out of 10 reported improved satisfaction with their employer56% of users in gig jobs prefer working for employers offering PayactivEWA Is a Life Saver"...every employer should offer this service to their employees, this service is a life saver," said one respondent.The benefits go beyond individual relief