Give employees control over their salary

What is InstaPaid?

InstaPaid is a platform that allows employees to instantly access their earned wages when they want to. We are a benefits solution and exist to change the way employees get paid.

Instant pay out-of earned wages

Instant pay out-of earned wages

Anytime and anywhere. Providing financial freedom and saved bank interest

See earned wages grow in real time

See earned wages grow in real time

The app updates the available balance daily as employees end their shifts. Provides a feeling of progress and accomplishment

Fully and easily integrated

Fully and easily integrated

To internal payroll system & with your bank. Secure, simple & GDPR-compliant. With full auditability, reporting and segregation of duties

Free for employees

Free for employees

InstaPaid is free of charge for employees using our platform

Why now?

Global instability in the digital age has driven a completely new shift in employee demands. Financial stress is real and the number of people living pay check to pay check is higher than ever giving no or limited flexibility to unforeseen expenses.

Employers need to rethink how to address these pain points to support the well being of their workforce, stay competitive and improve retention and reduce loss of productivity. 

82

Gen Z workers require flexible salary

20

Staff turnover due to financial stress

35

Struggle to meet expense because due date was before pay

300

Lost in productivity due to financial stress

SOURCES: JP MORGAN (2022), EY (2020), PWC (2022), HBR (2022), ADP (2022)​

Our mission

We want to revolutionalize how employees get paid 

Help companies increase employee value proposition

Help companies increase employee value proposition

Give instant access to earned wages and reduce financial stress

Give instant access to earned wages and reduce financial stress

Remove the need for expensive payday loans and overdraft fees

Remove the need for expensive payday loans and overdraft fees

Value proposition

Feeling of accomplishment

Feeling of accomplishment

Feeling of accomplishment after each completed shift​

Money saving

Money saving

From eliminated overdraft interest payments ​

Employer appreciation

Employer appreciation

Incentivize taking more shifts leading to higher utilization of trained workforce​

Increased financial security

Increased financial security

Increased financial security and earned income​

Stronger employee value proposition

Stronger employee value proposition

Leads to better talent attraction and position your company as a modern, relevant workplace for younger generations

Higher workforce utilization

Higher workforce utilization

Incentivize taking more shifts leading to higher utilization of trained workforce​

New instruments to drive ideal behavior

New instruments to drive ideal behavior

Ability to use spot bonuses, rewards and gamification to drive ideal behaviour ​

Increased perceived value of wages

Increased perceived value of wages

Leading to higher job satisfaction & retention

How it works

Emma checks her InstaPaid app. Her earned wage balance is
€ 1,000 earned, but not yet paid out.

Emma needs to pay her electricity bill but wants to avoid
an expensive overdraft

Emma requests a € 200 instant payout
via the InstaPaid app.

Money transferred to Emma’s bank account
within seconds

Emma’s available balance
instantly updated to € 800

Problems we solve

Cost of living crisis

Cost of living crisis

Makes more workers look for short-term loans while at the same time, their employers retain their pay

Economical injustice

Economical injustice

Low-credit-rated employees finance employers creating a large societal gap between employer and employee

Payday frustration

Payday frustration

Younger generations are used to instant gratification and flexible solutions

Low employee motivation

Low employee motivation

Caused due to the time lag between effort and reward causing financial stress for some workers

Struggle to hire & retain talent

Struggle to hire & retain talent

War for talent is real and employers need to differentiate their benefits strategy to keep talents onboard

Employee Engagement

InstaPaid help employers connect better with their workforce by providing a better employee experience. Financial flexibility as a benefit is documented to help employee personal wellbeing

Higher Retention

Higher Retention

Flexible wage payment has risen as a tool to retain employees, where 78% users of on-demand solutions report that they are motivated to staying with their employer who offers it

Workplace Attractiveness

Workplace Attractiveness

The increasingly competitive labor market is driving a shift in requirements to employee benefits and 59% indicate that they would position a company attractive if offering flexible payment as benefit

Stress Level

Stress Level

Financial flexibility during cash flow short falls leads to reduction in pressure and improved health and wellbeing. Our solution helps reducing absence and increase productivity

Our Clients

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Pricing

Choose the plan suit to your business or contact us for custmize plan.

Reguler

$0

user/month
  • 60-day chat history
  • Basic widget customization
  • Ticketing system
  • Data security
Subscribe Now

Plus

$0.32

user/month
  • 60-day chat history
  • Basic widget customization
  • Ticketing system
  • Data security
Subscribe Now

Team

$0.65

user/month
  • 60-day chat history
  • Basic widget customization
  • Ticketing system
  • Data security
Subscribe Now

Reguler

$0

user/year

  • 60-day chat history
  • Basic widget customization
  • Ticketing system
  • Data security
Subscribe Now

Plus

$3.33

user/year

  • 60-day chat history
  • Basic widget customization
  • Ticketing system
  • Data security
Subscribe Now

Team

$5.55

user/year

  • 60-day chat history
  • Basic widget customization
  • Ticketing system
  • Data security
Subscribe Now

Contact us

Book a call with us

InstaPaid
Matrikel1, Højbro Pl. 10
DK-1200 København K

Telefon: +45 70 60 34 04

Linkedin-in

Copyright © 2023 by InstaPaid. All Rights Reserved.

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