Mitchell Goh, the founder of GetPaid, is redefining financial accessibility for employees through his earned wage access (EWA) platform. GetPaid allows employees to access wages they’ve already earned, providing a sustainable alternative to high-interest loans and payday lenders, particularly for lower and middle-income earners. Mitchell’s passion for financial empowerment and his strategic approach to disrupting traditional wage systems have positioned GetPaid as a promising fintech startup in Singapore’s rapidly evolving ecosystem.
Mitchell Goh – Founder of GetPaid
Tell us about GetPaid and its unique offering.
“GetPaid is an earned wage access (EWA) company that allows employees to access wages they’ve earned but haven’t received. This provides a sustainable financial solution, especially for lower- and middle-income earners, without the high-interest debt traps set by money lenders.”
What’s the hardest part of being a founder?
“Being pushed out of my comfort zone. I remember needing to design marketing materials despite having no experience in that area.”
What’s been your happiest moment as a founder?
“Building a great team that believes in the company’s mission. Seeing them fully buy into our vision is incredibly rewarding.”
How did you prepare GetPaid for the market?
“We researched markets where EWA is prevalent, tested our MVP, and built credibility by getting accredited by the Singapore Fintech Association and forming an advisory board.”
Tell us about your fundraising experience.
“Our first fundraising came from an angel investor in the industry we’re trying to disrupt. I pitched to him with the idea of diversifying his portfolio, and 15 minutes into the meeting, he said yes!”
What’s next for GetPaid?
“Our three-year goal is to introduce the EWA concept to Singaporean companies and establish GetPaid as the foremost EWA brand in the country. In five years, we aim to have a presence in every major city in Southeast Asia.”
Final Words of Advice for Entrepreneurs
Mitchell Goh (GetPaid):“Don’t skip steps. Take time to do things right and get a mentor early. Their guidance will help you avoid many pitfalls.”
Connect with the Founder:
Mitchell Goh (GetPaid): LinkedIn
Conclusion: Mitchell Goh’s journey with GetPaid is a testament to the power of innovation and perseverance in addressing real-world problems. By providing a financial lifeline through earned wage access, GetPaid is not only disrupting the financial services landscape but also positively impacting employees’ lives. Mitchell’s focus on building a strong team and taking the time to do things right has been key to the startup’s success. His advice to aspiring entrepreneurs to seek mentorship early reflects his own experience and the value of guidance in overcoming challenges. As GetPaid continues its journey, Mitchell’s vision of expanding throughout Southeast Asia will further solidify the company's leadership in the EWA space.
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