Payactiv Inc
City-funded organization
Payactiv Inc is a financial technology company headquartered in Milpitas, CA, founded in 2012, providing "earned wage access" that lets employees draw pay they have already earned before their scheduled payday through a mobile app, digital wallet, and prepaid card, per the company's own website. During the COVID-19 pandemic, NYC's Department of Sanitation contracted with Payactiv for "COVID-19 Disbursement Of Payments to TLC-Licensed" drivers, an "Emergency" (non-competitive) contract; per Payactiv's own case study, the company used its app to disburse pay to more than 7,500 TLC-licensed drivers, totaling roughly $27 million in wages, for emergency food-delivery routes during the pandemic. The contract's registered value grew from $12 million to $60 million through 19 amendments (a 400% increase), of which $28.8 million has been paid to date; 100% of the vendor's contract value ($60 million, 1 contract) was awarded without a fresh competitive bid, and the contract has since expired with no active NYC contracts remaining.
- Industry (per city contracts)
- Standardized Services
- City contracts
- none active as of 2026-08-22 · $60,000,000 awarded since 2020
- Paid to date
- $28,814,902
- Won without a fresh bid
- 100% of contract value · $60,000,000 · 1 contract
Holds contracts at
- Department of Sanitation City agency
City contracts
Registered city contracts, largest first by current contract value (not amount spent): running now, then registered to start later, then ended. Totals count every registered contract. Each line shows its Checkbook contract ID. The tag on each row is how it was awarded (“no-bid” = non-competitive).
- COVID-19 Disbursement Of Payments to TLC-Licensed Department of Sanitation · CT182720201422983 · ended 2020 $60,000,000