New York – May 14, 2020 – gogo Getter, which offers an employee benefits solution for affordable childcare financing, today announced that it has joined Visa’s Fintech Fast Track program, speeding up the process of integrating with Visa and allowing gogo Getter to more easily leverage the reach, capabilities, and security of Visa’s network. Through Fast Track, gogo Getter is now able to leverage Visa’s payment solutions to expand its innovation of unique financing solutions, available to working parents via employers who wish to retain and attract highly qualified talent, support D&I KPI’s, increase worker productivity and reduce turnover costs.
Gogo sources external capital and conducts the necessary underwriting and compliance processes, allowing companies to provide their employees with a subsidized credit line of up to their annual salary, starting from as low as 0% APR, and deducted automatically from payroll for an easy, frictionless experience.
Gogo leverages Visa virtual pre-paid cards to enable their customers to receive the credit line. The funds help cover everything a new parent needs in order to “stay on track” in their career, like: extended paid parental leave, nursery, daycare, backup childcare, babysitting services, and in-home domestic care, such as: laundry, cleaning etc. Learn more about gogo’s affordable childcare benefits solution at https://gogo-getter.com.
“We’re extremely excited to join the ranks of some of the most innovative fintech startups as part of Visa’s Fast Track program.” Said Veetahl Eilat-Raichel, Co founder & CEO of gogo Getter. “The importance of affordable childcare solutions to the US economy has never been more evident than it is now, and together with Visa, we will continue to build a future where no one is forced to choose between work and family.”
“By joining Visa’s Fast Track program, exciting Fintechs like gogo Getter gain unprecedented access to Visa experts, technology, and resources,” said Terry Angelos, SVP and Global Head of Fintech, Visa. “Fast Track lets us provide new resources that rapidly growing companies need to scale with efficiency.”
Visa’s Fintech Fast Track Program provides startups like gogo Getter the ability to access Visa’s growing partner network, and experts who can provide guidance in helping them get up and running in the most efficient way possible. Learn more about Visa’s Fintech Fast Track program at https://Partner.Visa.com.
About gogo Getter
Childcare is the biggest monthly expense for US households, exceeding housing & college tuition. As a result, 43% of highly qualified women with children and 38% of all primary caregivers (including men) have left a job, resulting in a loss of $12.7B annually for American businesses.
We believe in a future where no one is forced to choose between work and family.
Gogo-Getter (Shift Time, Inc.) partners with the best employers to retain their highly qualified employees by providing them with financial solutions for affordable childcare.
The company is led by a seasoned team with vast experience creating award winning Fintech products, and is well funded and backed by prominent investors.
With Gogo, a company with 500 employees could save up to $2.3M, and help each employee protect more than $500k in future earnings