FlexWage Solutions LLC
| Private | |
| ISIN | 🆔 |
| Industry | Financial technology |
| Founded 📆 | 2009 |
| Founder 👔 | Frank Dombroski |
| Headquarters 🏙️ | , Scottsdale, Arizona , United States |
Area served 🗺️ | |
| Products 📟 | Earned wage access, payroll cards, financial wellness services |
| Members | |
Number of employees | |
| 🌐 Website | flexwage |
| 📇 Address | |
| 📞 telephone | |
FlexWage Solutions LLC is an American financial technology company that provides employer-integrated earned wage access (EWA) services. The company was founded in 2009 by Frank Dombroski and is based in Scottsdale, Arizona. FlexWage has been described in business and financial publications as one of the early providers of payroll-linked wage access tools. These tools are intended to serve as an alternative to short-term credit products such as payday loans.[1][2]
History
FlexWage Solutions was founded in 2009. Independent reporting in Bloomberg BusinessWeek and American Banker describes the company’s early development of a payroll-linked wage access system that allowed employees to obtain earned but unpaid wages using employer-provided data. These articles situate FlexWage within the emergence of early earned wage access products developed to address short-term cash-flow challenges faced by workers.[3][1]
Products and services
FlexWage provides an earned wage access service that enables employees to receive a portion of their wages before their scheduled payday. According to reporting in The New York Times”, the system uses employer payroll and time data to determine eligible amounts rather than employee estimates.[2] Industry reporting notes that FlexWage’s earned wage access transfers appear on employee pay stubs and are processed through employer payroll systems.[4]
Regulatory developments
FlexWage has been covered in news reports on state regulatory interpretations of earned wage access programs. In 2022, Payments Dive reported that the California Department of Financial Protection and Innovation determined that FlexWage’s employer-integrated model did not require licensing under certain California lending laws when offered as described in the request for opinion.[4] In 2023, additional reporting in Payments Dive covered a Vermont regulatory exemption involving FlexWage’s earned wage access service and noted distinctions between employer-based and direct-to-consumer models in state regulatory approaches.>[5]
See also
References
- ↑ 1.0 1.1 Finkle, Victoria E. (1 June 2012). "With Payday Loans under Scrutiny, Startup FlexWage Offers Alternatives". Archived from the original on 1 September 2022. Retrieved 26 November 2025. Unknown parameter
|url-status=ignored (help) - ↑ 2.0 2.1 Carrns, Ann (22 May 2014). "Underbanked Inspire a Wealth of Services". Retrieved 26 November 2025.
- ↑ Tozzi, John (20 October 2011). "Cash from the Boss to Replace Payday Loans". Archived from the original on 22 October 2011. Retrieved 26 November 2025.
”...1-800 Contacts, a 750-employee contact lens retailer based in Draper, Utah, that began using FlexWage in July”
Unknown parameter|url-status=ignored (help) - ↑ 4.0 4.1 Marek, Lynn (24 February 2022). "FlexWage wins favorable California ruling". Payments Dive. Retrieved 26 November 2025.
- ↑ Marek, Lynne (15 April 2024). "FlexWage wins Vermont EWA carve-out". Payments Dive. Retrieved 26 November 2025.
Category:Financial technology companies Category:Financial services companies of the United States Category:Companies based in Arizona Category:Payment service providers
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