Paywallet is a B2B financial technology company that provides a secure, permission-based platform connecting lenders to their customers' payroll accounts. Its core mission is to promote responsible lending and improve financial inclusion by reducing the risk of loan defaults. The platform automates the Verification of Income (VOI) and Verification of Employment (VOE) processes, allowing for faster and more accurate loan underwriting. Furthermore, it facilitates voluntary payroll-deducted payments, which helps borrowers manage their loan obligations and reduces default rates for lenders in sectors such as auto finance, personal loans, and "buy now, pay later" (BNPL).

Founded in

United States