fastP.A.Y.E. is a flexible wage app for a modern workforce.
Designed and built to end reliance on expensive credit, giving employees the ability to access their wages when they have earned them, not at the end of the month
Monthly Payroll is Out of Step
Workers live in theÂ digitalÂ age and want to work for innovative employers who offer new, quicker ways of being paid when they need it. They want to stop relying on credit cards and loans to access money they haveÂ already earned.
fastP.A.Y.E is a simple app which integrates into an employerâ€™s HR, time and attendance and payroll systems so it is aware of how much salary an employee is due at any time. It uses this information to authorise an advance.
Our model doesnâ€™t rely on borrowing money to pay employees. As there are no interest payments to meet, we can be flexible and agree a model that supports an employerâ€™s financial well-being strategy
fastP.A.Y.E gives employers full control over all key decisions such as how often payments are made, how much they amount to, which employees receive it and ensuring messaging is in line with company values.
We are all about helping employers improve the workplace for their employees by providing the tools that they need. It started 10 years ago with our sister company, ShopWorks, by ensuring that employees are paid the correct amount for the hours they have worked and now is about improving when and how they are paid through fastP.A.Y.E.
We already have great insight into the many challenges faced by HR teams which lead to the development of fastP.A.Y.E. Financial well-being is massively understated as a driving factor for retention, and that is because it has always been seen as a taboo topic, making it impossible for employers to engage in the conversation. We have since evolved as a global community to understand that mental health is a massive factor in the workplace, and financial well-being can be a large driving force for improved efficiency and profitability.
fastP.A.Y.E is led by the same team that run ShopWorks
Ian Hogg: Co Founder & CEO
Ian left a role as COO at a Plc to take advantage of the Shopworks & fastP.A.Y.E opportunity. Ian is a very experienced retail operator having started and sold two successful business in the area. He has also served on the boards of two UK PLCs and has previously built and sold a web technology company.
Lee Bowden: Co Founder & CCO
As a founder of WFM business ShopWorks, Lee was at the centre of winning and developing the commercial partnerships of some of the most well known UK brands in Retail, Hospitality & Leisure.
Nick Hill: Co Founder & CTO
Nick has spent the last 20 years building technology and teams within startups. Whislt co-founding and running a digital agency, Nick also build and led a team to create the software underpinning the ShopWorks platform. Now focused on technology strategy and long term planning for both ShopWorks and FastP.A.Y.E.