Tech Company Financing Transactions

PayActiv Funding Round

PayActiv closed a $20 million Series B funding round on 10/11/2018. Investors included Generation Partners, SoftBank Group and Ziegler Link-age Longevity Fund.

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity
Series B

Generation Partners (Lead Investor) (Mark Jennings)

SoftBank Group

Ziegler Link-age Longevity Fund (John Hopper)

Proceeds Purpose
PayActiv will use this funding to expand its platform, accelerate growth and focus on developing additional high-impact solutions to the financial problems impacting billions of workers worldwide.

Company Information

Company Status
Private & Independent
Mailing Address
4300 Stevens Creek Blvd. 185
San Jose, CA 95129
Email Address
PayActiv provides employers with secure infrastructure and tools to increase employee productivity and engagement by reducing employee financial stress.
PayActiv LinkedIn Company Profile
Social Media
PayActiv Company Twitter Account
Company News
PayActiv News
PayActiv on Facebook
PayActiv on YouTube

Management Team

Email & Social
Chief Executive Officer
Safwan Shah
  Safwan Shah LinkedIn Profile  Safwan Shah Twitter Account  Safwan Shah News  Safwan Shah on Facebook
Chief Information Officer
Shehzad Zaman
  Shehzad Zaman LinkedIn Profile  Shehzad Zaman Twitter Account  Shehzad Zaman News  Shehzad Zaman on Facebook
Chief Operating Officer
Ijaz Anwar
  Ijaz Anwar LinkedIn Profile  Ijaz Anwar Twitter Account  Ijaz Anwar News  Ijaz Anwar on Facebook
Chief Technical Officer
Sohail Aslam
  Sohail Aslam LinkedIn Profile  Sohail Aslam Twitter Account  Sohail Aslam News  Sohail Aslam on Facebook
Vice President
Sabina Bhatia
  Sabina Bhatia LinkedIn Profile  Sabina Bhatia Twitter Account  Sabina Bhatia News  Sabina Bhatia on Facebook



Browse more venture capital transactions:

Prev: 10/11/2018: Pipedrive venture capital transaction
Next: 10/11/2018: Kahoot! venture capital transaction


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We report on all VC transactions involving tech companies. VC transactions reported here are sourced from news reports and company announcements. The information comes to us via our partnership with, an affiliated venture.


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