Floswi

I'm seeking a co-founder who will strengthen our startup, Floswi. Operating in Saudi Arabia, Floswi provides a solution for immediate access to earned wages for employees and flexibility in deferring salaries for employers. Our co-founder should resonate with our mission to drive financial well-being while supporting employer growth via flexible payroll solutions. As we aim to solve the problem of employees relying on high-interest loans while waiting for payday, we call upon a forward-thinking individual who understands the intricacies of mobile app development, API integrations, and secure payroll processing software. More than that, we need a leader who appreciates the seamless process we offer, providing value to both employers, through improved cash flow and process efficiency, and employees, ensuring their financial autonomy. We're operating in a market with 11.74 million potential users and $406.66 Billion dollars at stake. Assuming a 10% capture rate for users and 5% for potential income within the first year, we present

Our startup, Floswi, operates in Saudi Arabia offering immediate access to earned wages for employees, thus diminishing financial tension and the need for costly loans. We also provide employers with a mechanism to defer salaries, boosting their cash flow and opening up capital for investment and growth. Additionally, we simplify the payroll process by handling direct salary payments, making us a comprehensive payroll solution.

What’s wrong with the current condition? The Waiting Game - Traditional payroll leaves employees waiting for their salaries. This can lead to financial stress, reliance on expensive loans, and decreased productivity.