Welfin is a corporate welfare platform that enables employees to lend to and borrow from each other, with the company acting as guarantor. The platform offers borrowers below-market interest rates and investors above-market returns, while strengthening employee loyalty and financial inclusion. It adapts to companies of all sizes and sectors, with loans protected by employee severance funds or insurance policies.
Funding
Funding not disclosed
Founders
Product
Problem
Traditional corporate welfare benefits often fail to address employees' financial needs, leaving many without access to affordable credit or attractive investment opportunities. Banks typically offer personal loans at high interest rates, while savings accounts yield minimal returns, creating a gap that neither employees nor employers can easily bridge.
Solution
Welfin provides a corporate welfare platform built on sustainable finance principles, enabling employees to support each other through peer-to-peer loans within the same company or across different companies. The employer acts as guarantor, creating a secure environment where employees requesting loans receive below-market interest rates, while those investing earn above-market returns. The platform streamlines the entire process, making it easy and immediate for all parties involved, while generating measurable social value and strengthening the sense of community within the organization.
Target Audience
Primary customers are companies of all sizes and sectors seeking innovative welfare solutions, along with their employees who either need affordable credit or want attractive investment opportunities.
Features
- Peer-to-peer lending marketplace connecting loan requests with investment offers from employees
- Employer guarantee mechanism backed by employee severance funds (TFR) or insurance policies
- Below-market interest rates for borrowers compared to personal loans and salary-backed loans
- Above-market guaranteed returns for investors compared to average current account rates
- Privacy-respecting process with easy and immediate onboarding for all users
- Scalable solution adaptable to companies across all sectors and sizes