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Hastee identified a significant problem with employee financial insecurity, with 78% of people experiencing issues like payday loans, debts, and overdrafts. This financial instability directly impacted employee workplace productivity. Existing solutions were inadequate to address the diverse financial needs of their employee base, requiring a more flexible, scalable, and user-friendly platform.
Hastee is an award-winning salary advance service providing employees with access to their salary before payday, promoting financial wellbeing and boosting productivity.
The enhanced platform is expected to significantly improve employee financial wellbeing, leading to increased productivity, reduced financial stress, and higher employee satisfaction. The implementation of a capped fee model and personalized financial tools is projected to drive user engagement and increase Hastee's market share. The microservices architecture will ensure scalability and agility, enabling Hastee to quickly adapt to changing market demands and regulatory requirements.