Tech Company Financing Transactions

PayActiv Funding Round

SoftBank Ventures Korea and private investors joined a $9.2 million Seed funding round for PayActiv. The round was announced by the company on 2/18/2016.

Transaction Overview

Company Name
Announced On
2/18/2016
Transaction Type
Venture Equity
Amount
$9,200,000
Round
Seed
Investors
Proceeds Purpose
With this funding, we will continue to expand and enhance our innovative financial wellness programs that help all workers lead a better life with security, dignity and savings.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
4300 Stevens Creek Blvd. 185
San Jose, CA 95129
USA
Email Address
Overview
PayActiv provides employers with secure infrastructure and tools to increase employee productivity and engagement by reducing employee financial stress.
Profile
PayActiv LinkedIn Company Profile
Social Media
PayActiv Company Twitter Account
Company News
PayActiv News
Facebook
PayActiv on Facebook
YouTube
PayActiv on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Safwan Shah
  Safwan Shah LinkedIn Profile  Safwan Shah Twitter Account  Safwan Shah News  Safwan Shah on Facebook
Chief Information Officer
Shehzad Zaman
  Shehzad Zaman LinkedIn Profile  Shehzad Zaman Twitter Account  Shehzad Zaman News  Shehzad Zaman on Facebook
Chief Operating Officer
Ijaz Anwar
  Ijaz Anwar LinkedIn Profile  Ijaz Anwar Twitter Account  Ijaz Anwar News  Ijaz Anwar on Facebook
Chief Technical Officer
Sohail Aslam
  Sohail Aslam LinkedIn Profile  Sohail Aslam Twitter Account  Sohail Aslam News  Sohail Aslam on Facebook
Vice President
Sabina Bhatia
  Sabina Bhatia LinkedIn Profile  Sabina Bhatia Twitter Account  Sabina Bhatia News  Sabina Bhatia on Facebook


 

 

Browse more venture capital transactions:

Prev: 2/18/2016: Jana venture capital transaction
Next: 2/18/2016: Student Loan Genius venture capital transaction

 

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Where The Data Comes From

We report on all VC transactions involving tech companies. VC transactions reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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