Advanto is a Czech HR fintech company founded in 2020 that provides an Earned Wage Access (EWA) solution for employers. Through a mobile application, employees can access a portion of the wages they have already earned without having to wait for the regular payday. The service is available in the Czech Republic, Poland, and Slovakia and integrates with the time-tracking and payroll systems of participating companies.

The withdrawn amount is settled by the employer during the next payroll cycle. As a result, Advanto does not primarily assess the credit risk of individual employees but instead focuses on the creditworthiness of the employer, the quality of worked-hours data, and the concentration of financing exposure across employers. The company mainly cooperates with businesses that have strong credit profiles and has historically reported write-offs of approximately 0.01% of the financing provided.

On Bondster, the underlying assets consist of receivables from vetted employers. Advanto retains a 10% stake in the financed receivables and provides a buyback guarantee for selected investments. In addition to the financial health of individual companies, investors should also consider each employer’s share within the overall portfolio.

The current return offered to investors on Bondster is 10% p.a.