Atomic and Aise partner to further improve the financial health of employees

Atomic and Aise join forces to provide deeper financial insight and benefits to employees through employer-provided financial wellness benefits

SALT LAKE CITY–(BUSINESS WIRE)–#fintech-Atomic, the market-leading payroll connectivity provider, today announces its partnership with Aise, a B2B2C fintech financial wellness solution marketed to employers interested in offering their employees a path to improve their financial health and lead a better financial life. Aise gives employers the ability to offer automated financial wellness as an employee benefit.

Aise’s strategy is an employee-focused company and focuses on providing users with financial security. Aise pays employees’ bills and financial obligations automatically and directly from payroll, so employees can see their true discretionary income on payday, as all their recurring payments are deducted from their payslips. Through Aise’s automated system, employees get a complete picture of their finances, helping them pay off debt, save for the future and live an overall healthier financial life.

In the process, Aise’s offerings also allow employees to stay ahead of financial obligations and maintain their financial health and integrity, thereby expanding the scope of financial services and opportunities they become qualified to access. Because Aise’s solution is offered through employers as a benefit, employees do not pay for using the service. Aise’s work with Atomic is central to supporting both employees and employers across the country.

“What sold us on Atomic was their ability to strategize and pivot with us when the way forward was not clear. It was not so much about closing the deal, but closing the right deal, says Patrick Tully, CEO of Aise.

“We also appreciated Atomic’s honesty and transparency throughout the process,” adds Robert Kirschenheiter, COO of Aise.

By offering a suite of APIs for payroll connectivity, Atomic — the first to market its direct deposit solution, called Deposit — was eager to partner with Aise even more given the companies’ common shared mission: to improve users’ financial lives. In particular, Aise’s slogan, which improves physical health through financial security, underpins the belief that healthy finances provide a natural path to a healthy lifestyle.

“Partnering with the incredible team at Aise is yet another way we’re strengthening our mission to better serve marginalized and underserved consumers. We’re confident that by joining forces, Aise and Atomic can make a huge difference in our financial ecosystem and offer powerful tools to improve outcomes for and the future of these populations,” said Jordan Wright, CEO and co-founder of Atomic.

Specifically, Aise has signed up to take advantage of two of Atomic’s popular solutions: Paylink and Verify. Atomic’s Paylink solution will enable Aise to meet its goal of paying employee bills. By leveraging its Paylink capabilities, Atomic will deduct money from users’ paychecks to enable Aise to pay bills on users’ behalf. With Atomic’s Verify API, Aise will pull revenue information into its application, monitor accounts and populate a virtual payslip for each employee – all with the employee’s permission.

With two companies working in alignment towards a common vision and mission and the emergence of their innovations set to best serve consumers’ financial interests, the outlook for consumers looks brighter and more promising today than ever before.

About Aise

Aise is a financial well-being company with a focus on automating employee accounts through payroll. With Aise’s solution, end-user employees will never again have to manage financial obligations across multiple platforms, struggle to remember due dates, or fear that automatic payments hit the entire month and are out of sync with their pay cycle, and more importantly, when they actually have money in their accounts theirs. All of a user’s financial obligations are deducted directly from the payslip and paid through the Aise system. Aise gives employees a clear path to financial security, which in turn allows them to live healthier and happier lives. And when employees are financially healthier, their employers see improved employee efficiency, reduced absenteeism and increased levels of retention.

For more information about Aise please check out Aise’s website or email [email protected]

About Atomic

Atomic is the market-leading provider of payroll connectivity, trusted by over 125 financial institutions, fintech firms and partners, including 12 of the largest fintech apps offering a digital-first neobank, alternative lending, crypto exchanges and digital brokerages. Atomic’s payroll integrations provide the infrastructure to connect consumers to their financial data, automate direct deposit setup and updates, digitize income and employment verifications, repay financial obligations from their paycheck, access earned but unpaid wages, and tax filing benefits.

Atomic simplifies complex payroll integrations with a suite of API solutions covering over 480 unique payroll connections, including established payroll providers, custom enterprise solutions, modern HR technology providers, gig economy platforms and government systems. Atomic’s payroll APIs cover 75% of the US workforce with a combined reach of 125 million workers.

Atomic was selected for a 2022 Fintech Breakthrough Award for Best Banking Transaction Solution, recognized as a Top Work Places 2022, and has raised $78.6 million from investors including Mercato Partners, Core Innovation Capital, Portage and Greylock. For more insight into the intersection of fintech and payroll, subscribe to Atomics Intelligence newsletter.

Contacts

Morgan Borer

[email protected]
419 346 3619