SteadyPay

United Kingdom - London, London

• 07/03/2023
• Seed
• $3,000,000

SteadyPay's vision is to become the lifetime financial partner of gig-economy workers globally.

SteadyPay's app enables gig economy workers to enjoy regular income even when they work irregular hours (due to such factors as reduced shifts, fewer bookings, time of sick and holidays).

Using the SteadyPay mobile app, customers securely link to their bank via open banking. SteadyPay will then calculate a users average income and monitor for when their income drops below that average.

When this happens we provide a top-up, advancing money straight to the customer's bank to bring their income back up to their average.

No interest is charged on any top-ups; we are a subscription credit service.

By protecting income from volatility, we're enabling gig-economy workers to budget with confidence for everyday bills and essentials. Therefore reducing the need to use high-cost credit solutions that trigger debt spirals.

SteadyPay is authorised and regulated by the UK FCA.

Related People

John DownieFounder

United Kingdom - London, England,

An experienced senior technology leader with a well-rounded skill set that includes:
• Business strategy and development
• Stakeholder and relationship management
• Project management
• Practice management .
• Strong experience across the lifecycle
• Proven ability to mentor teams

LinkedIn https://www.linkedin.com/in/john-downie/