MyPayNow is a financial technology company founded in 2019 that operates in the Earned Wage Access (EWA) sector in Australia. The company's mission is to provide workers with real-time access to their accrued pay, offering an alternative to traditional payday loans or credit cards. Users can withdraw up to a quarter of their wage in advance for a flat 5% transaction fee. The service integrates with a user's bank account to verify income and employment, providing funds instantly upon request, which are then automatically repaid on the next payday.

Founded in

Australia