
Wagestream Stock
Wagestream is a financial services firm that allows employees to stream their earned wages into their accounts through an instant app.
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About Wagestream Stock
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.
Investors
Ascension Ventures
Balderton Capital
Recorded Future, Vestiaire Collective, JOKR, Motif, Banjo, Talend, Wonga, Qubit, Kobalt, Wagestream
BlackRock
Databricks, Rivian, View, Scopely, Relativity Space, Snyk, Jawbone, MessageBird, DataRobot, SambaNova Systems
Fabric Ventures
Northzone
Funding History
September 2018 | $4.5M |
---|---|
May 2019 | $15.0M |
May 2019 | $25.0M |
July 2020 | $20.0M |
Management
Strategic Affairs Director
Archie Chappel
SVP
Richard Jones
Director, Data & Integrations
Jingbo Huang
Co-Founder and CEO
Peter Briffett
Co-Founder & CTO
Portman Wills
Board Director
Rob Moffat
Investor
Christopher Steinau
Press
TechCrunch - May, 20 2019
Wagestream closes $51M Series A to plug the payday gap without putting workers in debtEquityZen does not have an affiliation with, formal relationship with, or endorsement from any companies featured above. This profile is based on publicly available information and is intended to be informative in nature.
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