Founded in 2020, Facio is a UK-based fintech company with a mission to improve financial wellbeing and reduce employee financial stress. The company partners with employers to provide an "Earned Wage Access" (EWA) or "Flexible Pay" solution, which integrates with existing payroll and HR systems. This service allows employees to draw down a portion of their accrued salary whenever they need it, aiming to provide an alternative to high-cost credit options like payday loans. The platform is offered as a free benefit for employers to enhance their employee value proposition.

Founded in

Brazil