---
title: 'Database Developer at Payactiv'
canonical: 'https://feeny.ai/job/database-developer-payactiv-milpitas-xpmmknzfc1jh'
type: 'job'
last_seen: '2026-09-10'
---

# Database Developer at Payactiv

- **Company:** Payactiv
- **Location:** Milpitas, CA
- **Compensation:** $175k–$195k
- **Employment:** full-time
- **Work type:** onsite
- **Posted:** 2024-06-07
- **Last confirmed live:** 2026-09-10
- **Apply:** https://jobs.lever.co/payactiv/e51256ef-8378-4f95-88da-c0ec0924659c

## About Payactiv

## Company Overview
- **One-liner**: Payactiv is the industry pioneer in Earned Wage Access (EWA), providing an all-inclusive financial wellness platform that gives workers on-demand access to their earned wages before payday.
- **Entity Type**: Private (Series C) with Public Benefit Corporation and Certified B Corp status
- **Headquarters**: Milpitas, California, United States
- **Founded**: 2012
- **Founders**: Safwan Shah (CEO), Sohail Aslam (CTO), Ijaz Anwar (COO)

## Core Business
- **Primary Industry**: Financial Services (FinTech – Earned Wage Access)
- **Target Customers**: B2B (employers of all sizes, from SMBs to enterprises) and B2C (workers/employees who use the Payactiv app directly)
- **Mission/Purpose**: To help lower-income workers reduce financial stress and improve wellbeing by providing fair, accessible financial tools. The company operates as a Public Benefit Corporation and Certified B-Corp, balancing profit with purpose [payactiv.com](https://payactiv.com/about/).

## Products & Services
- **Payactiv App (Earned Wage Access)**: The core product—a mobile platform that lets workers access their earned wages in real-time, before the scheduled payday. Integrates with employer time and attendance systems and is offered as a free employee benefit with no cost to the employer [payactiv.com](https://payactiv.com/).
- **Payactiv Visa Card**: A prepaid debit card that enables users to receive fee-free EWA transfers (with qualifying direct deposit) and make purchases. Revenue is generated through interchange fees from card transactions [payactiv.com](https://payactiv.com/).
- **Financial Wellness Suite**: In-app tools for budgeting, savings goals, bill pay, prescription discounts, and 1:1 financial counseling.
- **The EWA Blueprint**: A framework and consulting service for employers to evaluate, launch, and sustain an Earned Wage Access program in a compliant and effective manner [payactiv.com](https://payactiv.com/).

## Market Standing
- **Valuation/Market Cap**: Not publicly disclosed.
- **Key Metrics**:
  - Annual Revenue: **$32.5M** [linkedin.com](https://www.linkedin.com/company/payactiv-inc-/)
  - Total Funding: **$133.9M** across 7 rounds [linkedin.com](https://www.linkedin.com/company/payactiv-inc-/)
  - **$5B+** in wages moved to workers to date; **$400M+** saved in predatory fees and penalties [payactiv.com](https://payactiv.com/)
  - **2M+** people served; **1,500+** companies use Payactiv [payactiv.com](https://payactiv.com/)
  - **311** employees (+1.3% YoY) [linkedin.com](https://www.linkedin.com/company/payactiv-inc-/)
- **Notable Investors/Partners**: Series C led by Eldridge Industries ($100M, 2020). Other investors include Generation Partners (Series B lead). Over 1,500 enterprise employer partners [linkedin.com](https://www.linkedin.com/company/payactiv-inc-/).
- **Growth Signals**: Stable headcount growth; expanding into new financial wellness features; pioneering the EWA industry as the first and public benefit corporation in the space [payactiv.com](https://payactiv.com/about/).

## Competitive Advantages
- **First-Mover & Market Leader**: Payactiv pioneered the Earned Wage Access category in 2012 and remains the largest dedicated EWA platform.
- **Certified B Corp & Public Benefit Corporation**: A unique legal structure that builds trust with mission-driven employers and employees, differentiating them from purely profit-driven competitors [payactiv.com](https://payactiv.com/).
- **Integrated Platform**: Deep integrations with employer HR/payroll/time systems create a sticky, high-value network effect. Switching costs for employers are significant.
- **Proven Scale**: Over 2 million users and $5 billion in wages disbursed demonstrates robust infrastructure and regulatory compliance.

## Strategic Focus
- **Product Expansion**: Deepening the financial wellness suite beyond EWA into savings, debt management, and financial counseling to increase user engagement and retention.
- **Employer Acquisition**: Scaling the sales team to onboard more companies of all sizes, leveraging the "EWA Blueprint" to de-risk adoption for HR leaders.
- **Compliance & Regulation**: Maintaining a strong compliance posture to stay ahead of evolving state and federal regulations around earned wage access.
- **Geographic Reach**: Operating across 7 countries (US, Pakistan, Canada, Australia, Philippines, and others) to tap into global demand for fair wage access [linkedin.com](https://www.linkedin.com/company/payactiv-inc-/).

## Why Work Here
- **Mission-Driven Culture**: The company is legally committed to using business as a force for good. Employees report that their work "impacts millions of people every single day" [payactiv.com](https://payactiv.com/careers/).
- **Excellent Benefits**:
  - Fully paid health, dental, and vision insurance
  - 401K (traditional and Roth)
  - Tuition assistance/reimbursement
  - Monthly gym reimbursement
  - Paid time off to volunteer
  - Paid family leave (CA)
  - Complimentary office lunches [payactiv.com](https://payactiv.com/careers/)
- **Dynamic Work Environment**: Highly collaborative with a lively culture including monthly team bonding events, workout groups, and interest groups. The San Jose/Milpitas office serves as a central hub [payactiv.com](https://payactiv.com/careers/).
- **Growth & Learning**: Encourages professional development through events, online courses, and creative exploration. Education reimbursement programs are available.
- **Diverse & Inclusive**: Committed to equal opportunity and building an inclusive environment for all team members.
- **Workplace**: Hybrid/office-based presence at the Milpitas (Silicon Valley) headquarters; roles available across multiple time zones.

## Sources
1. [payactiv.com - About Us](https://payactiv.com/about/)
2. [payactiv.com - Careers](https://payactiv.com/careers/)
3. [payactiv.com - Homepage](https://payactiv.com/)
4. [payactiv.com - Team](https://payactiv.com/team/)
5. [linkedin.com - Payactiv Company Profile](https://www.linkedin.com/company/payactiv-inc-/)

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