How we are levelling the playing field for employees
We partner with employers to create salary - linked employee benefits that help employees manage any shortfalls they incur during the month. Level reduces the need to dip into their savings or access expensive credit between pay cycles.
With Level there is no need to dip into savings or access expensive credit

Financial Wellness for the Modern Workplace

Level is an earned wage access platform that builds wealth and dignity for employees through savings, automated budgeting and access to pay when they need it - all before payday arrives.  

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Earned wage access helps your company by helping your employees

Offering employees access to their earned but unpaid income is shown to positively impact worker productivity, employer brand, and job retention.

Improve your employer brand

Improve your employer brand. 74% of Level members say they view their employer more favourably for offering Level.

Reduce absenteeism and turnover

Employees favour employers who care about their financial stability. 95% of Level members whose employers offer Level say it’s improved their financial wellness.

Reduce employee financial stress

Employers are wasting a staggering 35% of their payroll bill due to staff productivity being impaired by medical and financial problems. 85% of Level members are less financially stressed since Level was introduced at their workplace.

The Socio - Economic Challenge

Many workers in low income communities don’t qualify for conventional bank loans or credit cards. When they face a financial shortfall many turn to payday lenders. These loans might address an immediate need but only at the cost of making tomorrow’s financial gap much bigger. Our mission is to eradicate the payday loan industry and bring relief to millions of employees who are living paycheque to paycheque.

When employees experience financial shocks

what are their options?

1

1

Overdrawn Bank Accounts

Maxed Out Credit Cards

Non-Existent Savings

11 Million are unbanked or underbanked

ATM Fees

Maintenance & Overdraft Fees 

Interest & Late Payments

2

Predatory Payday Loans
Title Loans
Instalment Loans

8 Million "first time" borrowers have absorbed over R200 billion in unsecured credit

60% - 1400% Interest
Paying for Overhead Costs
Heavy Individual Risk

3

Access Earned, Unpaid Wages 
No Debt Alternative

Accessible to employees of any credit status, banked or underbanked

No Hidden Fees
No Overhead Costs
No Risk or Interest

Our impact for both

employers and employees

Our salary - linked employee benefits deliver a meaningful, positive impact on the lives of low income employees. By opening up our earned wage access platform to staff, employers can make improvements in retention, productivity and employee engagement.

We help people save

Only 6% of South Africans will be able to maintain their standard of living after retirement.

(Source: PSG Wealth)