a year ago

Wagestream Secures £17.5 Million to Enhance Financial Well-being for Shift Workers

  • Wagestream, a UK-based financial well-being platform for shift workers, has raised £17.5 million in funding

  • The round was led by British Patient Capital, with participation from Lombard Odier Investment Managers and Northzone

  • Wagestream allows employees to access their earned wages before payday, promoting financial stability and well-being

  • The company plans to use the funding to expand its offerings, including a credit-builder card, AI-powered financial coaching, and loans.

    • ProblemFinancial Services

      "frontline workers missing out on financial choices and struggling to manage their finances"

      Solution

      "Wagestream's platform provides flexible benefits, debt advice, savings options, early earnings access, credit-builder card, AI-powered financial coaching, and loans to help frontline workers and shift workers manage their finances and build a better financial future"

      Covered on