#1809 The startup with a social mission of solving the payday loan problem

Today’s guest looked around at the payday loans space, saw how many people are going to get payday loans at exorbitant rates, and he said, “There should be a solution.” So he came out of retirement to start a new business and solve the predatory payday loan problem.

I wonder how his solution conflicts with people who have an interest in seeing the problem continue. We’re going to find out all that and how he built up his business.

Safwan Shah is the founder of Payactiv which is a financial wellness platform that enables employers to provide their workers instant relief from their between-paychecks financial headaches.

Safwan Shah is the founder of Payactiv which is a financial wellness platform that enables employers to provide their workers instant relief from their between-paychecks financial headaches.

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