88. Hi55 Ventures Hi55 Ventures is a disruptive fintech with a social purpose: to make the world financially stronger by giving employees faster access to their earned wages Helena Young December 15, 2021 2 min read About us Startups was founded over 20 years ago by a multi-time entrepreneur. Today, our expert team of writers, researchers, and editors work to provide our 4 million readers with useful tips and information, as well as running award-winning campaigns. This article was authored by: Helena Young Senior Writer Founder: David BrownFounded: 2020Website: hi.groupDavid Brown is one of the most influential fintech entrepreneurs in the country, as the name behind several game-changing companies like Commerce One, Previse and Open Text. That kind of introduction brings big expectations. So what does his latest project, Hi55 Ventures, look like?Hi55 is a fintech startup aiming to change the way that companies do payroll. It’s currently one of the most standardised, costly, and confusing processes for businesses to complete – particularly for SMEs, a major target audience of the firm. Brown is one of the most influential fintech entrepreneurs in the country, as the name behind several game-changing companies like Commerce One, Previse and Open Text The firm is shaped around a B2B digital payment platform called Hi – the only platform on the market that offers Pay Asset Finance. Customers can choose to finance payroll by 30 – 60 days, enabling employers to hold on to their cash longer and improve financial liquidity, access a new source of working capital, and attract and retain the best talent thanks to unparalleled payment flexibility.Even more excitingly, Hi55’s growth seems to be only just beginning. Despite having only launched last year, Brown has already partnered with Mastercard and Microsoft to bring Hi to market, and the startup began Series A capital raising earlier this year. Hi55’s growth seems to be only just beginning. Despite having only launched last year, Brown has already partnered with Mastercard and Microsoft For employees, Hi55 also means access to Hi’s products (Hi-Weekly and Hi-Anytime) which give employees greater control of and access to the money they have earned, as they can choose when they want to be paid. This is not only hugely innovative, but also has lots of wellbeing benefits including reduction in stress.It’s a big, bold idea, which we always love to reward. Well done Hi55 for making our top 100 list – you’ve really given us that payday feeling. What Does Your Business Need Help With? Project Planning Creating a Website Business Loan Business Bank Account Get Started Startups.co.uk can help your business succeed At Startups.co.uk, we're here to help small UK businesses to get started, grow and succeed. As well as rounding up some of the biggest success stories in our annual Startups 100 list, we have resources to help new businesses get off the ground. Share this post facebook twitter linkedin Helena Young Senior Writer Helena "Len" Young is from Yorkshire and joined Startups in 2021 from a background in B2B communications. She has also previously written for a popular fintech startup.Included in her topics of interest and expertise are tax legislation, the levelling up agenda, and organisational software including CRM and project management systems. As well as this, she is a big fan of the films of Peter Jackson.