Meetup on ESG:The Importance of S - Scudi- Rie Sordo DE COCK

1. scud
i
15 December 2022

2. scud
i
15 December 2022
Enterprise Saas Platform with a mobile
app
give instant access to earned wages
in between two paychecks
to the entire workforce
®

3. of employees find wallets
empty before payday
a significant number of people
live paycheck to paycheck
80%
something everyone
should have access to
unexpecte
d
expenses
limited
savings
timing
mismatch
between
income and
expenses

4. instant access to earned salary
when needed
any time,
any where
needed more than ever!
the solution ?
an enterprise SaaS
platform & a mobile app for
employees

5. NOW is the right time!
EWA meets the demand of today’s
workforce*
 Employees are coming up short more than ever (before month
end)
 Employees are more stressed than ever
 Retention is harder than ever
 Corporates look for solutions to retain their staff more than ever
 Empathy as an organizational benefit makes sense

6. NOW is the right time!
EWA meets the demand of today’s
workforce
some facts*...
30%
59%
17%
22%
6% 4%
68%
0%
10%
20%
30%
40%
50%
60%
70%
80%
think future salary
increase will not
cover the cost of
living increase
likely or very likely
to use EWA if
available to them
would find an
employer that
offers EWA a better
place to work
would actively seek
out those
companies
financial difficulties
impact their work
(need to take days
off)
financial difficulties
had them quit work
needed to seek help
due to financial
difficulties
people of all income classes people in financial difficulties
* source: EY report, 4000 respondents, on-demand pay that works for all, Sept 2020

7. 30% is distracted at
work because of
financial problems
22% need to take
days off
6% need to quit
4% need help
38% did not
comment
financial difficulties:
life – work – health impact
financial worries?...some staggering
numbers!
Sources:
JPMorgan, Earned Wage Access, Autumn 2022, Empowering financial inclusion through payments
EY, On-Demand Pay: payroll that works for all, Sept 2020

8. employees & financial wellness
employee money worries and the company’s bottom line have a strong
correlation
Money concerns = poor mental health
On-the-job stressing:
• 30% of employees are distracted at work because of their
finances
• 46% of those distracted spend three hours or more at work each
week dealing with issues related to their personal finances
• employees with high subjective wellbeing have 41% lower health-
related costs compared to employees who have lower wellbeing
Sources:
https://www.sia-partners.com/en/news-and-publications/from-our-experts/what-does-effective-csr-look-practice
https://www.pwc.com/us/en/private-company-services/publications/assets/pwc-2018-employee-wellness-survey.pdf
https://www.vitality.co.uk/business/healthiest-workplace/findings/
https://www.pwc.com/us/en/private-company-services/publications/assets/pwc-financial-stress-and-bottom-line.pdf

9. MOBILE
APPLICATION
our PRODUCT
SaaS-PLATFORM
scudi is an Enterprise SaaS provider – not a lender

10. MOBILE APP – for Employees
Anomymous
Instant
Empowerment
Financial control
 Budgeting & Savings tools
 Free Accidental Death
Coverage and many

11. Inclusion, Equality & Diversity
scudi is available to all employees (diversity at company level)
scudi supports & encourages inclusive behaviours (equal benefits for all at
client company level)
financial inequality and protected characteristics - race, gender, disability - are
related in much of the global North
scudi tackles inequality by enabling financial wellness, which can be a vicious
cycle, and scudi can cut that cycle short
economic and social impact of employee wellbeing through
the democratization of financial services, ensuring that everyone, regardless of
identity and background, has access to affordable, convenient, and secure products
and services to take control of their (financial) lives

12. Social impact
scudi empowers employees
to control their finances and
develop healthier financial
habits - reducing prevalent
financial worries, and the
impact on mental and
physical health
*The S in ESG relates to the social element of organisational practices regarding human rights,
business ethics, supply chain management, diversity and inclusion, and social impact
why scudi ?
scudi promotes the S in ESG*
Human
rights
scudi offers instant
access to earned
salary – a de facto
human right
Diversity, Inclusion &
Equity
scudi is available to all employees,
regardless of identity
scudi promotes socioeconomic inclusion
and benefits most those who need it

13. holistic wellbeing
well-being isn’t just about the bank balance
it’s about having options, security and the right protections in place in case of a rainy day
holistic wellbeing improves health, quality of life, work performance, and relationships

14. a social impact SaaS Fintech for
corporates and their workforce
our mission is to make people’s lives better
scudi aims to provide financial wellness to the entire workforce
our product is developed to enhance Diversity, Inclusion and Equity,
with a focus on social impact,
to play a part – be it small - in correcting socio-economic imbalances.
ESG is at the heart of scudi
www.scudi.me

15. by naming scudi after an Italian coin, we combine history with a modern, cash free payment
solution. Scudo (scudi pl) is derived from scutum (latin for shield)
the scudi name and logo are registered trademarks
Thank you for your attention !
Rie@scudi.me
+32 (470) 736737
®

16. scud
i
DECEMBER 2022
SOCIAL IMPACT FINTECH
Enterprise SaaS provider