Floatr vs OneEleven LaunchPad

Floatr is an employee financial wellness platform for India, with salary-linked investing, Corporate NPS, insurance, and planning tools. It connects payroll to investments so contributions can be invested before the remaining salary reaches an employee's bank account. Depending on what an employer enables, options include mutual fund SIPs, Corporate NPS, digital gold, and other products. Employees can complete digital onboarding, choose funds, adjust SIP amounts, track holdings, and manage goals in the app. For salary-linked mutual funds, participation is voluntary, and employees can change or stop SIPs at any time. The payroll-linked investing page says employees can start from ₹500 per month. Employers receive guided implementation and an HR portal with enrollment dashboards that do not expose personal holdings. Deductions can flow through an existing HRMS or payroll file, but specific integrations are not named. Floatr lists programs for salaried teams, gig and frontline teams, and education institutions. It says investments remain in an employee's own folio or NPS account after a job change, while payroll deductions stop when employment ends. Pricing is on request.

OneEleven LaunchPad is a co-branded financial wellness hub for employees, combining learning materials, events, quizzes and personal coaching. Employees get ongoing platform access, a financial wellness assessment and a personalized 30-day action plan, with up to three coaching sessions and unlimited in-app chat during the program. Its content includes short videos, downloadable guides, expert webinars and live sessions, along with quizzes and assessments. Employers can use their logo and colors, and OneEleven says a launch can be completed in days without IT work, implementation fees or ongoing administration. Employers provide a monthly employee eligibility list in an agreed format and their logo. The company says it handles employee technical support and provides launch guidance and program analytics. Coaching teams are led by CFP professionals, and coaches receive no commission on recommendations. LaunchPad is listed at free, with no enrollment caps or expiration. The employer agreement starts with a 12-month term, renews annually and requires 60 days’ written notice to terminate.