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Hi55 Ventures joins Microsoft for Startups programme

Source: Hi55 Ventures

Hi55 Ventures, a disruptive new fintech company in pay, has been selected to join the Microsoft for Startups programme, a global programme that helps promising B2B start-ups scale successfully.

Hi55 Ventures now gains exclusive access to Microsoft technologies, as well as its global partner network.

Using Microsoft’s Azure platform, Hi55 Ventures will be able to unlock global scale and enable continuous innovation while ensuring its systems can continue to proactively safeguard its clients’ data.

Backed by one of the world’s largest IT companies and industry stalwart, NTT DATA, Hi enables organisations to rethink payroll entirely and offer an alternative employee benefit by giving them easier access to earned pay. With Hi, employees can access their salary free of charge in real-time, helping to increase their financial freedom and flexibility and reduce the potential reliance on high-rate borrowing.

David Brown, founder and CEO of Hi55 Ventures said: “Hi’s partnership with Microsoft marks the next step in our ambition to reinvent pay. Our goal is to create a new range of products that will serve the needs of millions of people around the world as they win financial freedom from monthly pay.

“However, we will only be successful if we scale sustainably. With 95% of the Fortune 500 hosting their data on the Azure cloud I have great confidence that Microsoft’s leading infrastructure and expertise will be a new cornerstone in our effort to grow and develop.”

Andrew Macadam, Global Field Lead at Microsoft for Startups said: We’re excited to welcome Hi55 as part of our growing programme. We set up Microsoft for Startups so that we could support the best in class achieve their growth ambitions. We’ve been impressed at how the team at Hi55 are revolutionising the pay market and helping to improve financial wellbeing for employees and employers. We look forward to supporting their ambitious growth plans.”

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