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Wagestream, A Financial Super App For Waged Workers, Raises $175M, Passes 1M Users And Doubles Down On The U.S.

Apr 13, 2022about 3 years ago

Amount Raised

$175 Million

Description

Front-line workers and those paid in hourly wages rather than salaries have become a prime target in the world of business IT, with a wave of apps helping them find jobs, do their jobs, communicate with each other better. In the latest development, a UK startup building what it describes as a financial “super app” specifically for waged workers and their financial well-being is announcing a round of funding to double down on its strategy. Wagestream, known best for working with employers to enable salary advances for employees by way of an app, has raised $175 million, money that it will use to continue adding in more features to the app, and to fuel a big push into the U.S. market.

Company Information

Company

Wagestream

About

In the latest development, a UK startup building what it describes as a financial “super app” specifically for waged workers and their financial well-being is announcing a round of funding to double down on its strategy. As a measure of how Wagestream is doing, the company has been on a roll in its growth.

FundzWatch™ Score

71
Medium Activity

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