Transforming the payment experience with Kevin Falk

For Kevin, the philosophy that “you shouldn’t have to pay to get paid” is the driving mission behind founding Instant Financial, a service that modernizes the way people access their wages. Knowing that companies may not be able to pay their employees higher wages in a world where cash is scarce, Kevin uncovered a way that companies could pay their employees differently, giving them access to their hard-earned funds at times they need it most. 

It was a fascinating episode that explores the history of how we collect our paychecks, why the model was ripe for disruption, and how Instant Financial has been able to make a positive impact on families across the United States.

We loved geeking out about innovating and the challenges of going to market with a service that disrupts a traditional business model. There was a beautiful synergy between how Instant Financial and Lexop use technology to provide consumers with financial flexibility and empowerment.

Listen to this episode to learn about:

• The social impact and mission behind Instant Financial 
• Revolutionizing the way people get paid and the evolution of payroll schedules
• The pros and cons of Buy Now, Pay Later services 
• Leaning into technology to build a more flexible, consumer-centric business model
• Fostering innovation in a digital-first environment and the challenges of building a startup