Short description
Wagestream is a financial services firm that allows employees to access a portion of their earned wages before payday.
Description
Wagestream is a financial services firm that allows employees to stream their earned wages into their accounts through an instant app.
The app allows them to have complete control over when they get paid. It also effectively ends the need for employee advances, loans, and employee stress suffered from short-term, unplanned financial obligations. The company aims to play a key role in reducing the poverty premium and prevent employees from entering cycles of debt caused by overdraft fees, high-interest credit, or payday loans.
Peter Briffett and Portman Wills was founded in 2018 and is based in London, England. It is backed by QED, Fair by Design, London Co-Investment Fund, and Village Global.
Total funding
$$3123123
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Location
London, England, United Kingdom, Europe
Founded on
January 1, 2018
Non-profit?
No
Acquired?
No
Employees count
101-250
Revenue range
$1230 - 4560
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Investors
Noway Youcantaccess, Noaccessforu, Noway Youcantaccess, Nopepepe, No Way, Noaccessforu, Blurry Noaccess, Noaccess, Noaccess, Blurry Noaccess, Cannot Access, Noaccess, Noway Youcantaccess, Uh Ohhhh, Noaccessforu, Blurry Noaccess, No Way, No Way
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Founders
Peter Briffett, Portman Wills
Funding rounds count
1
Portfolio organisations count
Absolutely Noaccess, Noway Youcantaccess
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