Why is a Wall Street man building a payroll fintech in Slovakia?

The revolution in the view of wages is coming from Slovakia. And behind it is a man who worked on Wall Street for more than 10 years, studied at Princeton, and is now building his project at home, precisely because conditions in Europe allow something that America does not have.

In this episode of Highgate Talks, Peter Varga talks to Peter Capkovich, CEO of WageNow, about:

• Why the “15th century” wage payment system is a 19th century system,
• how an employee can get the money already worked right away,
• how firms will free up working capital without credit,
• why European guarantee insurance is “hidden gold” for innovation,
• what is the real impact on economic growth, corporate debt and people’s financial health,
• and what all had to be worked out legally, tax-wise and accounting-wise to make it all work.

This is not just a tech startup. It’s a global one-off where we at Highgate have set up the legal, tax and accounting ecosystem – to make it safe, predictable and ready for growth.

Listen to the full interview – you will understand why Slovakia can be the centre of this financial innovation.