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Safwan Shah

Safwan Shah

Founder and Chief Executive Officer, PayActiv Inc.

 
Safwan Shah is the Founder and CEO of PayActiv, a Silicon Valley company that helps businesses offer socially responsible financial wellness to their employees.

Safwan’s mission through PayActiv is to empower financially stressed, lower income workers with the knowledge and tools to achieve financial resilience. Today, PayActiv’s invention of timely access to earned wages, without incurring any debt, is deployed nationwide by numerous American businesses, including Walmart. Barron’s magazine described this invention as a way to increase the velocity of money in an economy.

Before Safwan founded PayActiv, he was with TSYS after it acquired Infonox, a payments company founded by Shah. A PhD in Aerospace Engineering from the University of Colorado at Boulder, Safwan was an AI and Neural Networks researcher at NASA, where several of his experiments were part of the U.S. space program.

Safwan is a graduate of the distinguished Stanford Executive Program and holds an MS in Computer Engineering and a BS in Electrical Engineering (BS). He has taught at the Haas School of Business at UC Berkeley and the Baskin School of Engineering at UC Santa Cruz. He currently serves as a board member and advisor to several technology companies and startups.

A patent holder and author, Safwan is based in California’s Silicon Valley.