Why we created Orbis.

Around 12 million Americans use payday loans each year and as of 2017, there were 14,348 payday loan storefronts in the United States (more than all McDonalds put together).

The typical payday borrower is in debt five months out of the year. Forced to often use payday loans to cover the interim period but at the cost of large interest payments which usually leave them in a worse situation.

69% of American adults have little to no savings and are living paycheck to paycheck. (US Federal Reserve) 

59% of the U.S. workforce are hourly and work on-demand and demand on-demand pay. ( Bureau of Labor Statistics ) 

Applicants are willing to take on average a 13% reduction in pay if they got paid daily. Orbis Pay does not reduce your earned wage through its platform but charges a simple and inexpensive transaction fee of (XXX). 

We help people access their earned wages to combat predatory lending and payday loans and build financial security. Our goal is to bring financial stability and security to workers globally through a simple and effective application. We build simple and inexpensive financial products and services that can be used by those who need it most. 

What is Orbis actually?