The Work Index by Flexa

Payfare Inc.

Payfare is a global financial technology company that provides digital banking and instant payout solutions for the modern workforce.

https://corp.payfare.com/
4.5

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Description

Payfare is a global financial technology company that provides digital banking and instant payout solutions for the modern workforce. They partner with major platforms like Lyft, DoorDash, and Uber to offer financial inclusion and empowerment to gig economy workers. Their suite of products includes Payfare branded and co-branded mobile banking apps and a debit/prepaid card that allows gig workers to access their earnings instantly, earn cashback rewards, and enjoy no-fee banking. Payfare's core platform is built on a service-oriented architecture and is designed to handle high volumes of payments.

Payfare's mission is to empower gig economy workers by providing them with financial tools that improve their lives. They believe that all workers deserve access to financial security and inclusion, regardless of their employment status. They are committed to supporting gig economy workers and providing them with the financial resources they need to succeed.

Flexibility

Payfare offers flexible work arrangements for their employees. While the job posting for the Staff Information Security Engineer doesn't explicitly state remote or hybrid options, it does mention the need for occasional security operations support outside of business hours. This suggests that some flexibility in scheduling and work location might be possible, though further information would be needed to confirm specific details.

Benefits

Payfare offers a comprehensive suite of employee benefits designed to support the financial well-being of their workforce. These benefits include free instant access to earnings, a feature-rich digital banking platform, cashback rewards, a high-yield savings account, and balance protection for unexpected expenses. The company also partners with Avibra to offer employees a range of wellness perks such as prescription discounts, financial and wellness advisors, and life insurance.

Mission

Payfare is a global financial technology company dedicated to empowering the modern workforce by providing digital banking and instant payout solutions. Through partnerships with major gig economy platforms like Lyft, DoorDash, and Uber, Payfare strives to drive financial inclusion and empowerment for next-generation workers by offering mobile banking apps, debit/prepaid cards, and instant pay options that eliminate fees and provide access to cashback rewards.

Disruptor
Improving quality of life/health
Tech for good

Culture

Payfare promotes a culture of innovation and inclusivity, valuing diversity in their team of technologists. They emphasize collaboration and continuous improvement, fostering a supportive environment where individuals can contribute to the company's success. Their commitment to financial inclusion for all workers is reflected in their dedication to creating high-quality services that empower their customers.

DE&I

Payfare Inc. is committed to fostering an inclusive and diverse workplace where all employees are valued and respected. They recognize the importance of providing an accessible and barrier-free environment to succeed and are dedicated to creating an equal opportunity workforce. This commitment is reflected in their job postings, which explicitly state their dedication to diversity, equity, and inclusion and encourage applicants to request accommodation if needed during the recruitment process.

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