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Payactiv CEO and executives

Executive Summary. Based on our data team's research, Safwan Shah is the Payactiv's CEO. Payactiv has 200 employees, of which 22 are in a leadership position.
Here are further demographic highlights of the leadership team:
  • The Payactiv executive team is 27% female and 73% male.
  • 43% of the management team is White.
  • 9% of Payactiv management is Hispanic or Latino.
  • 9% of the management team is Black or African American.
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Name & TitleBio
Safwan Shah

CEO/Founder

Safwan Shah's LinkedIn

Payments, transaction and Internet technology professional with a proven track record of successful entrepreneurship and leadership.CEO & Founder of PayActiv (an employer-sponsored financial wellness platform and leader in Timely Earned Wage Access (EWA)). PayActiv serves millions of employees world-wide, settles over $1B in timely EWA funds annually, increases employee retention by an average of 30%, and accelerates engagement: eNPS 84.7.Founded Infonox (pioneer in payment aggregation and automated merchant acquiring, sold to TSYS in 2008). Annualized, Infonox systems served over 100M consumers, facilitated over $20 Billion in transactions, managed over 200,000 merchant accounts through acquirers. Educator and lecturer associated with the Haas School of Business, UC Berkeley and Baskin School of Engineering at UC Santa Cruz.PhD in Aerospace Engineering from the University of Colorado at Boulder, AI and Neural Networks researcher at a NASA center. Graduate of the Stanford Executive Program. Specialties: Entrepreneur and innovator with success in creating significant shareholder and customer value. Deep understanding of financial service products, transaction processing, unbanked market segments, self service delivery and monitoring.Business development visionary who has closed many multi-year, multi-million dollar deals with fortune 500 companies.Safwan's work has been featured in the New York Times, WSJ, the Los Angeles Times, on NPR's All Things Considered, NPR’s Life Kit and more.

Ijaz Anwar

Co-Founder, Chief Operating Officer

Ijaz Anwar's LinkedIn

Ijaz Anwar is a Sr Financial Service Executive at Nuvo Payments, Inc. and Co-Founder & Chief Operating Officer at PayActiv Inc and is based in San Jose, California. He has worked as CFO /Treasurer (2003 to 2004) / Financial Controller (2002 to 2003) and Sr Accountant (2000 to 2001) at Chex Services Inc; SVP Strategy and Business Development at FIS, Inc.; and Chief Operating Officer and Chief Financial Officer at FastFunds Financial Corp. Ijaz works or has worked as Advisor at WeCare Card. He studied at University of Houston between 1991 and 1996.

Sohail Aslam

Co-Founder / CTO

Sohail Aslam's LinkedIn

Sohail Aslam is the co-founder and CTO for PayActiv, an industry leader helping millions of people develop financial wellness. He directs the technology, product development and information security for PayActiv’s financial ecosystem.Holding multiple graduate degrees in Computer Science, his professional achievements include developing both the world’s first biometric ATM, and the world’s fastest medical image delivery system. He is an accomplished entrepreneur, having launched multiple start-ups. With over 18 years’ experience taking projects from concept to market for Microsoft, Philips Healthcare, and Infonox (TSYS), he has demonstrated his expertise in payments, financial services, and healthcare.Sohail is a technologist by trade, but is equally recognized for his business and organizational development, and partnership building.

Todd Boehly

Board Member

Todd Boehly's LinkedIn

Ajit Medhekar

Board Member

Ajit Medhekar's LinkedIn

Kabir Misra

Board Member

David Carlick

Board Member

David Carlick's LinkedIn

John Hawkins

Board Member

Eldridge Industries

Board Member

David Tate

Chief Revenue Officer

David Tate's LinkedIn

David is the CRO of Payactiv. He has 26 years experience founding, scaling, and growing 3 businesses: On Technology, New Channel, and Blackhawk Network. David is well known for building the gift card program you see in Kroger, Safeway, and most other grocery stores throughout the country. He has been a part of 2 successful IPO’s and Silver Lake and P2 Capital Partners acquired Blackhawk for $3.5 Billion in 2018. David focuses on efficient revenue generation, scale, and growth and considers making a social impact part of his goal of leading a sales force. David spends his free time watching Boston sports, Liverpool, and the San Jose Sharks.

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Payactiv founders

Name & TitleBio
Safwan Shah

CEO/Founder

Safwan Shah's LinkedIn

Payments, transaction and Internet technology professional with a proven track record of successful entrepreneurship and leadership.CEO & Founder of PayActiv (an employer-sponsored financial wellness platform and leader in Timely Earned Wage Access (EWA)). PayActiv serves millions of employees world-wide, settles over $1B in timely EWA funds annually, increases employee retention by an average of 30%, and accelerates engagement: eNPS 84.7.Founded Infonox (pioneer in payment aggregation and automated merchant acquiring, sold to TSYS in 2008). Annualized, Infonox systems served over 100M consumers, facilitated over $20 Billion in transactions, managed over 200,000 merchant accounts through acquirers. Educator and lecturer associated with the Haas School of Business, UC Berkeley and Baskin School of Engineering at UC Santa Cruz.PhD in Aerospace Engineering from the University of Colorado at Boulder, AI and Neural Networks researcher at a NASA center. Graduate of the Stanford Executive Program. Specialties: Entrepreneur and innovator with success in creating significant shareholder and customer value. Deep understanding of financial service products, transaction processing, unbanked market segments, self service delivery and monitoring.Business development visionary who has closed many multi-year, multi-million dollar deals with fortune 500 companies.Safwan's work has been featured in the New York Times, WSJ, the Los Angeles Times, on NPR's All Things Considered, NPR’s Life Kit and more.

Ijaz Anwar

Co-Founder, Chief Operating Officer

Ijaz Anwar's LinkedIn

Ijaz Anwar is a Sr Financial Service Executive at Nuvo Payments, Inc. and Co-Founder & Chief Operating Officer at PayActiv Inc and is based in San Jose, California. He has worked as CFO /Treasurer (2003 to 2004) / Financial Controller (2002 to 2003) and Sr Accountant (2000 to 2001) at Chex Services Inc; SVP Strategy and Business Development at FIS, Inc.; and Chief Operating Officer and Chief Financial Officer at FastFunds Financial Corp. Ijaz works or has worked as Advisor at WeCare Card. He studied at University of Houston between 1991 and 1996.

Sohail Aslam

Co-Founder / CTO

Sohail Aslam's LinkedIn

Sohail Aslam is the co-founder and CTO for PayActiv, an industry leader helping millions of people develop financial wellness. He directs the technology, product development and information security for PayActiv’s financial ecosystem.Holding multiple graduate degrees in Computer Science, his professional achievements include developing both the world’s first biometric ATM, and the world’s fastest medical image delivery system. He is an accomplished entrepreneur, having launched multiple start-ups. With over 18 years’ experience taking projects from concept to market for Microsoft, Philips Healthcare, and Infonox (TSYS), he has demonstrated his expertise in payments, financial services, and healthcare.Sohail is a technologist by trade, but is equally recognized for his business and organizational development, and partnership building.

Payactiv board members

Name & TitleBio
Todd Boehly

Board Member

Todd Boehly's LinkedIn

Ajit Medhekar

Board Member

Ajit Medhekar's LinkedIn

Kabir Misra

Board Member

David Carlick

Board Member

David Carlick's LinkedIn

John Hawkins

Board Member

Eldridge Industries

Board Member

Janet Sutherby

Board Member

Janet Sutherby's LinkedIn

Shehzad Zaman

Board Member

Shehzad Zaman's LinkedIn

Payactiv executives FAQs

Zippia gives an in-depth look into the details of Payactiv, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Payactiv. The employee data is based on information from people who have self-reported their past or current employments at Payactiv. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Payactiv. The data presented on this page does not represent the view of Payactiv and its employees or that of Zippia.

Payactiv may also be known as or be related to PayActiv, PayActiv Inc, PayActiv, Inc., Payactiv and Payactiv, Inc.