Fintech · Ukraine

FlexiPay

The money has been earned. The work is done. The only thing standing between an employee and their own wages is a date in an accounting calendar. FlexiPay removes the date.

The product

Earned wage access, not a loan

FlexiPay lets employees withdraw the part of their salary they have already worked for, at any point in the month, through a mobile app. Nobody pays interest, because nobody is borrowing. The employee is taking money that is already theirs, a little earlier than the payroll cycle would have released it.

This is not a loan and not credit. The employee takes money they have already earned.

That distinction is the whole product. Payday lending exists because the gap between the work and the wage is a business opportunity for somebody. Earned wage access closes the gap instead of financing it.

Why employers buy it

Retention, measured

35%lower employee turnover (DailyPay)

79%of workers would move to an employer offering the benefit (Visa)

52%faster to fill an open vacancy (DailyPay)

These are industry figures published by DailyPay and Visa for earned wage access as a category. They are quoted here as evidence about the market, not as results measured at FlexiPay.

The buyer is an employer competing for staff, usually at five hundred employees and above, where one percentage point of turnover is a budget line rather than an anecdote. The benefit costs nothing in wages. The same salary is paid, in a different rhythm.

How it works

Built to sit inside existing payroll

It connects to the employer’s accounting system. Data moves automatically, so earned balances are calculated rather than estimated.
Identity is verified through BankID. The national identification rail, rather than a parallel onboarding process nobody wants.
The employee withdraws what they need. The available balance sits in the app, and taking it is a decision rather than a request.
Month end reconciles itself. FlexiPay produces the payroll reporting, and the rest of the salary is paid on the usual schedule.

Employers get a dashboard with round-the-clock analytics on who is using it and how much. In the companies that adopt it, that turns out to be a surprisingly direct read on financial stress inside the workforce.

Market

First in the country

FlexiPay is the first earned wage access service in Ukraine, in a labour market where competition for staff has become the binding constraint for most employers. It was named among the top 25 Ukrainian startups by Forbes in 2024.

Visit flexipay.com.ua →