Beforepay (formerly Cheq) Information

CHEQ is a Fintech Startup with the vision of increasing the financial wellbeing of working people by providing them with instant access to their earned wages, and tools that empower them to take control of their financial situation. By developing a solution that amalgamates the 3 important pillars of financial wellness, budgeting, spending and borrowing, CHEQ is on a mission to disrupt the payday lending industry and decrease financial stress. The cutting edge app helps users gain instant access to their wages on the same day they work, charging them a maximum of $5 per amount requested, with no interest or administration fees charged. Powered by machine learning and AI, the app aims to empower people by automatically predicting due bills, identifying how much is OK to spend and encourages users to set savings goals and drip money into them, effortlessly. Using our easy to use financial management tools, we are able to assist our users in understanding their financial situation and meeting their financial goals. We help users supercharge their bank account, giving them access to their pay as they earn it, and encourage them to save big money with seriously little effort. As a prerequisite, a user only gets paid after working a full day. This encourages productivity and motivates our users to work effectively, decreasing sick leave and absenteeism. The result of this for firms is a more engaged, productive and satisfied employee.