
Powered by the patented FUKUPE platform, Advasa enables employees to access earned wages in real time while helping employers modernize payroll through seamless integration with existing HR and payment systems. [ii]
Key numbers driving the global Earned Wage Access opportunity.
In Japan, payday comes once a month. Something goes wrong in week two, and the money already earned is out of reach - so people borrow.
About 30% of Japanese households have no savings at all; among people living alone, that’s more than 50%. Every month is paycheck to paycheck for many households.[ii]
Nearly 21 million people, 30% of Japan's workforce, are non-regular workers. They earn the least and wait just as long. [ii]
Japanese households owe about ¥5.8 trillion (about $36 billion) on bank card loans and another ¥4.5 trillion (about $28 billion) to consumer finance companies - roughly $64 billion of short-term credit in a single country. [ii], [iii]

Advasa Holdings, Inc. addresses this challenge through its patented FUKUPE Earned Wage Access platform, designed to modernize payroll by enabling employees to access wages they have already earned in real time. [ii]
The platform integrates directly with employer payroll and attendance systems, allowing workers to receive funds instantly through bank transfers, digital wallets, or prepaid cards. This on-demand wage access helps reduce reliance on high-interest borrowing while improving financial flexibility for workers. [ii]
Through its "Everyday Payday" model, Advasa seeks to transform the traditional payroll cycle, providing a smarter and more flexible financial ecosystem that supports both employee well-being and modern workforce needs. [ii]
More than 1.7 billion people worldwide have no bank account. Across OECD economies, an estimated $1 trillion in earned wages sit unpaid at any moment. [ii]
EWA adoption is already underway. The U.S. Consumer Financial Protection Bureau reported that more than 7 million workers accessed about $22 billion in earned wages in 2022. [ii]
Forecasts for the EWA software market run from $26.74 billion by 2030 to $242.46 billion by 2034. [ii]
Specialist EWA providers in this market include DailyPay, Branch, ZayZoon, Tapcheck, Wagestream, One@Work and PayActiv, alongside banks, payroll providers and digital payment platforms.
Walmart, Lidl and McDonald's already offer earned wage access to their employees through other providers, and ADP, Paychex and VensureHR have partnered with EWA platforms.
Advasa Holdings, Inc. is focused on modernizing payroll through financial technology solutions that improve how workers access their earned income. Through its patented FUKUPE Earned Wage Access platform, the company enables employees to access wages they have already earned in real time while integrating seamlessly with employer payroll and attendance systems.
Advasa's business strategy focuses on strengthening its technology platform and expanding its presence in global markets. The company has built its foundation through the development of patented payroll technologies and scalable fintech infrastructure, while preparing to expand beyond Japan into markets such as Indonesia and the United Arab Emirates, with localized business models tailored to regional regulations.
The company has also developed collaborations with several financial institutions and technology partners that support the delivery of its services.
Through its combination of technology innovation, strategic partnerships, and international expansion strategy, Advasa aims to strengthen its position in the evolving global market for earned wage access and digital payroll solutions.
Advasa Holdings, Inc., a Delaware corporation formed on February 4, 2025, operates as the holding company for Advasa Co., Ltd. in Japan, with headquarters in Tokyo. The company focuses on developing financial technology solutions designed to improve how employees access and manage their earned income.
At the core of Advasa's platform is FUKUPE, a patented Earned Wage Access (EWA) solution that enables employees to access wages they have already earned in real time rather than waiting for traditional payroll cycles. The platform integrates with existing HR, payroll, and attendance systems, providing employees with flexible access to earned wages while minimizing the operational burden on employers.
FUKUPE supports multiple digital payment channels including bank transfers, mobile wallets, and prepaid cards, enabled through partnerships with financial institutions and payment networks. The platform operates as a secure cloud-based hosted service, allowing customers to access the system through subscription-based connectivity rather than installing software on their own infrastructure.
Advasa also licenses its EWA technology and provides OEM services, enabling partners to integrate the company's payroll technology within their own financial platforms. For the fiscal years ended March 31, 2026 and 2025, the Company had 12 clients, including 10 EWA clients, one system OEM client and one system maintenance client.
Advasa’s technology is supported by a growing intellectual property portfolio, with 17 patents across 14 countries and patent applications filed in 82 countries.
Advasa's platform is currently operating in Japan, with planned expansion into Indonesia and the United Arab Emirates as part of its international growth strategy.
The company believes the global market for Earned Wage Access and digital payroll solutions represents a significant opportunity as employers seek flexible payroll benefits and millions of workers worldwide continue to seek improved access to financial services.
For the fiscal year ended March 31, 2026, Advasa reported continued revenue growth, positive net income, and a higher cash position. [ii]
Our mission is to build an inclusive financial platform for everyone. We make cash more accessible to the millions of people underserved by traditional financial services, starting with Earned Wage Access (EWA) and microloans. Advasa Holdings, Inc. provides a flexible and inclusive financial platform that helps more people participate in the global economy.
Advasa Holdings, Inc.'s patented system gathers and manages employee and employer data to enable efficient access to on-demand payroll while integrating seamlessly with existing HR and payroll systems.
Typically, companies pay employees weekly or bi-weekly. Advasa Holdings, Inc. provides a solution that allows employees to access wages already earned before the scheduled payday. Advasa Holdings, Inc.'s system calculates the available earned wage using real-time attendance data received from employers and applies predetermined limits set by Advasa Holdings, Inc. and the employer.
Employees can view available earnings through a personalized EWA account on a computer or smartphone and request transfers to a bank account, digital wallet, or prepaid card through Advasa Holdings, Inc.'s payment partnerships.
For employers, Advasa Holdings, Inc.'s platform integrates with existing payroll and timekeeping systems without operational disruption, while wage advances are funded by Advasa Holdings, Inc. through financial partners.

Changing conventional concepts
Advasa Holdings, Inc.'s platform is delivered as a hosted service that Advasa Holdings, Inc. operates and maintains. Customers do not receive a copy of the software and are not permitted to download, install, or host the platform on their own infrastructure.
All functionality is accessed through Advasa Holdings, Inc.'s hosted platform. APIs provided by Advasa Holdings, Inc. allow integration with customer payroll and human resources systems while maintaining access exclusively through the company's hosted services.
Advasa Holdings, Inc.'s patents relate to Earned Wage Access solutions that allow employees to access a portion of already earned wages outside the traditional payroll cycle. A key element of Advasa Holdings, Inc.'s strategy is monetizing its intellectual property through licensing agreements and enforcement actions against companies believed to be infringing on Advasa Holdings, Inc.'s patents.
Advasa Holdings, Inc. believes its system and patents are relevant to EWA providers, employer customers, and payment service providers such as banks, credit cards, and digital payment platforms. Advasa Holdings, Inc. provides the platform interface, manages payroll data, generates earned wage information, and pre-funds wage access while integrating with employer payroll systems and payment networks.
Earned Wage Access is gaining significant traction across the globe as an innovative solution to empower workers and support businesses. By providing employees with access to their earned wages as they work, rather than waiting for a set payday, EWA helps to reduce financial stress, increase workplace satisfaction, and improve financial stability.
With EWA, employees gain access to their wages as they earn them, reducing the financial burden that comes with waiting for monthly or bi-weekly pay cycles. This immediate access to wages provides workers with greater financial flexibility, allowing them to manage their expenses more effectively.
Traditional salary systems are vulnerable to delays, especially in situations like company bankruptcies or financial distress. EWA helps balance the power dynamic between employers and employees by ensuring timely payment, reducing the risk of unpaid wages, and improving worker security.
EWA fosters financial stability by reducing the stress associated with financial uncertainty. Employees no longer have to rely on credit, loans, or payday advances to meet their daily needs, improving overall well-being and job satisfaction.
By providing employees with timely access to wages, EWA helps them avoid costly debt options such as payday loans and credit card debt. Employees that do not have savings, and experience a hardship or emergency, have unplanned expenses, or otherwise are struggling to make ends meet, will be able to have an alternative means of accessing funds immediately. This reduction in reliance on high-interest financial products supports better financial health and reduces the risk of financial distress.
Offering EWA as an employee benefit enhances company attractiveness, particularly in industries with high turnover and lower wages. Increasing employee satisfaction leads to higher retention rates and greater workforce stability, which is crucial for long-term organizational success.
Grady Ryther has served as Chief Executive Officer and a director of Advasa Holdings, Inc. since August 11, 2025. He leads strategy, operations and partnerships as the company continues to expand its financial technology solutions.
His career has centred on digital payments and financial technology, including work on blockchain-enabled payment integration.
Mr. Ryther has founded and led several businesses. From September 2022 to August 2025, he founded and ran Grade-A Tutoring, a private tutoring company specialising in SAT preparation and advanced subjects. From February 2021 to May 2023, he founded and ran Pix-Elation, a retail business combining digital media with direct-to-consumer sales. From May 2018 to February 2021, he was managing director of ICON Parks Design, a landscape architecture and community development firm.
Mr. Ryther graduated cum laude from Harvard University in May 2010 with an A.B. in Physics and a secondary field in Economics.
Sultan Ali Rashed Lootah is a UAE-based businessman. He has held senior positions in both the public and private sectors. He knows the emerging markets of Asia well - Vietnam, Korea and India among them - and has built wide relationships among senior business figures in each.
He founded the investment firm Vault Investments in 2012 and is its Chairman and Managing Partner. The firm invests in technology, retail and trading across Vietnam, the GCC, India, Egypt, Europe and the United States, and runs three funds: a Technology Debt Fund ($100 million), a Private Equity Fund ($100 million) and an Angel Investments Fund ($5 million). In 2018 he founded Relam Investments with MIG Holdings, a Vietnam-based investment group, widening the geographic range of his investment activity.
From 2007 to 2013 Mr Lootah was Chief Executive Officer of the Mohammed bin Rashid Al Maktoum Foundation, where he led its initiatives to combat unemployment across the Arab world. From 2003 to 2007 he was Director of Information Technology at the Department of Economic Development in Dubai.
He is the son of Ali Rashid Ahmed Lootah, Vice Chairman of the board of Mashreq Bank, a board member of Dubai World and former Chairman of Nakheel.
Will Witherspoon has worked in real asset investment end to end, from sourcing through underwriting to execution. He specialises in capital stack design, investor materials and governance, and has carried both the operational side of development and the fiduciary discipline that sits alongside it. He has worked on more than $300 million of development projects, structuring debt and equity to match target returns.
He is Asset Acquisition Manager at UMcapital, responsible for confirming and validating target assets and preparing them for acquisition and investment.
Since 2020 he has been a Principal at Hubert Development in Atlanta, Georgia, leading multifamily and commercial projects from acquisition through pre-development, financing and construction to stabilisation. Alongside underwriting, capital structure, lender selection, term negotiation and draw administration, he directs entitlement work and relationships with municipalities, general contractors and design teams.
Since 2017 he has been at Forge Consulting, working with attorneys and fiduciaries to design trust, estate and insurance arrangements for high-net-worth clients and settlement recipients.
Before moving into investment he played in the NFL from 2002 to 2014, for the Carolina Panthers, St. Louis Rams, Philadelphia Eagles and Tennessee Titans. He served as Team Captain and as a player representative for the NFLPA.
He holds an MBA from George Washington University and a Bachelor of Science from the University of Georgia. He is also a board member of A Greener World, a non-profit that certifies sustainable farming.
Ferdinand Groenewald has served as an independent director of Advasa Holdings, Inc. since June 2026. He sits on the Audit, Compensation, and Nominating and Corporate Governance committees. He is a United States citizen.
He has spent most of his career as a finance executive at Nasdaq-listed companies. Since February 2024 he has been Vice President of Finance of Alaunos Therapeutics, Inc. From June 2024 to March 2026 he was Chief Financial Officer of Streamex Corp.
From July 2022 to December 2023 he was at The CFO Squad, which provides outsourced accounting and finance services. Before that he was at Muscle Maker, Inc., as Chief Financial Officer from September 2018 and as Chief Accounting Officer from January to July 2022. From January to May 2018 he was Vice President of Finance, Principal Financial Officer and Principal Accounting Officer of Envision Solar International, Inc.
Katharyn (Katie) Field has a record in both operating leadership and strategy consulting, and has worked in the public sector as well.
She has been Chief Executive Officer and Chairman of Halo Collective Inc. since May 2019. Alongside that she has been an Executive Director of Akanda Corporation (Nasdaq: AKAN) since June 2022, and a director and Vice President of Virpax Pharmaceuticals, Inc. since July 2024. From March 2021 to March 2022 she was a director of Elegance Brands.
Ms Field has worked in the cannabis industry since 2014, playing a central role in the acquisition, build-out and sale of one of the original vertically integrated licensed medical marijuana treatment centres in Florida. She went on to run a strategy consulting practice focused on the sector, and from 2018 to 2019 was Executive Vice President of Corporate Development at MariMed.
Earlier in her career she held positions at The White House in the Office of the Public Liaison, at The Brookings Institution as Manager of Operations, and at Bain & Company as a Consultant.
Ms Field holds an MBA in Economics from Columbia Business School and a BA in Public Policy with honours from Stanford University.
Advasa Holdings, Inc. operates within the expanding financial technology sector, developing solutions designed to modernize how employees access and manage their earned income. Through its fintech platform, the company focuses on improving payroll flexibility while supporting the evolving needs of today's workforce.
At the center of Advasa's offering is the patented FUKUPE Earned Wage Access platform, which enables employees to access wages they have already earned in real time. The platform integrates with employer payroll systems and supports multiple digital payment channels including bank transfers, digital wallets, and prepaid cards.
For the fiscal year ended March 31, 2026, Advasa reported approximately $17.37 million in revenue, representing year-over-year growth of 72.9%. The company also reported approximately $12.10 million in cash and approximately $0.95 million in net income. [ii]
Operating within a market where 1.7 billion people remain unbanked and the global EWA software market is projected to grow significantly in the coming years, Advasa aims to expand its platform, strengthen partnerships, and pursue opportunities in international markets. [ii]
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