Bippit is a financial support system for employees, which provides them with a 1-1 financial coach, powerful tools, and practical resources. Research has shown that 3/4 staff members have financial concerns that directly affect them at work, but only 1/10 have been able to speak to an expert about them. This has a huge impact on businesses, as 15% of payroll cost can be lost from reduced productivity, presenteeism, and an increase in staff turnover, due to the financial worries of their workforce. Bippit makes professional financial support completely free for employees, whenever and wherever they need it. Founded by Erich Schudt, Grace Tolley-Smith, and Samuel Lathey in 2019, Bippit is backed by investors that include Techstars and Jonathan Seaton and is headquartered in London.