By training, I’m an engineer, i suppose payments expert by experience, held it’s place in fintech since 1999/2000, nearly twenty years.
A reflection of the confusion at that stage of my life by education, my Ph.D. Was in aerospace engineering and I shouldn’t be judged on that (Peter laughs), my masters was in computer engineering and my undergrad was in electrical engineering. That’s a summary of my background, I’m an engineer by training, fundamentally.
Peter: Okay, okay. Therefore, you’re an engineer by training, you’ve chose to start this provider that is…it’s notably unique because i understand you began it at any given time where we don’t think anybody else really was doing much when it comes to, you realize, this kind of earned earnings access. Inform us a small bit about…what ended up being the concept that resulted in the founding of PayActiv?
Safwan: if you ask me, it had been a notion that came during a period within my life where I wasn’t doing any such thing and so I had lots of time to imagine and, you understand, when you yourself have lots of time to believe, you will do think about the individual condition and what’s happening. One of several ideas that kept occurring for me and I’m chatting 10 years ago ended up being just why is it that the country that is richest on the planet has such a big pool of individuals residing paycheck to paycheck.Read more →