Business
Paychex and SoFi at Work Join Forces to Expand Financial Well-being Offerings
ROCHESTER, N.Y., July 17, 2025--Paychex, Inc., an industry-leading human capital management (HCM) company, announced today a new partnership with SoFi, a one stop shop for digital finance solutions, to bring the financial well-being resources and solutions of SoFi at Work to users of Paychex Flex® Perks. Through Paychex’s digital marketplace of curated employee benefits, employees of Paychex customers can seamlessly connect to SoFi’s solutions to support their journey to financial independence,
About this update from Sofi Technologies, Inc.
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":1024,"height":512,"url":"https://media.zenfs.com/en/business-wire.com/d38e6b3f154da39dbcc448c138a9ae00"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/NsGw3aoGTou9CFBF4XRNKw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTQ4MDtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/d38e6b3f154da39dbcc448c138a9ae00","width":960,"height":480},"lightbox":{"url":"https://s.yimg.com/ny/api/res/1.2/teOymRhM6FUlKVHokWWI0A--/YXBwaWQ9aGlnaGxhbmRlcjt3PTIwNDg7aD0xMDI0O2NmPXdlYnA-/https://media.zenfs.com/en/business-wire.com/d38e6b3f154da39dbcc448c138a9ae00","width":1024,"height":512}},"lazy":false},{"type":"text","content":"Customer employees using Paychex Flex® Perks will receive access to SoFi’s personal finance tools, supporting a critical need for today’s workforce","length":147,"tagName":"p","attribs":{}},{"type":"text","content":"ROCHESTER, N.Y., July 17, 2025--(BUSINESS WIRE)--Paychex, Inc., an industry-leading human capital management (HCM) company, announced today a new partnership with SoFi, a one stop shop for digital finance solutions, to bring the financial well-being resources and solutions of SoFi at Work to users of Paychex Flex® Perks. Through Paychex’s digital marketplace of curated employee benefits, employees of Paychex customers can seamlessly connect to SoFi’s solutions to support their journey to financial independence, including personal loans, student loans, loan refinancing, and more.","length":585,"tagName":"p"},{"type":"text","content":"Studies show access to the right financial tools and advice is essential to achieving long-term financial independence. New research from SoFi found that the top regret among student loan borrowers was not seeking financial guidance. The same survey revealed that becoming debt-free (41%) and owning a home (44%) were the top milestones for students, graduates, and parents.","length":374,"tagName":"p"},{"type":"text","content":""Employees today expect their employer to help support their financial well-being – it’s no longer a ‘nice-to-have’ benefit," said Cory Mau, Paychex vice president of corporate strategy, business development, and investor relations. "Businesses that provide access to financial wellness benefits often increase employee prod...