5 years ago

Wagestream Secures $25 Million in Funding Led by Northzone

  • Wagestream, a London-based provider of an app that allows workers to access earned income in real time, has raised $25 million in funding

  • The round was led by Northzone with participation from QED Investors, Latitude Ventures and Balderton Capital

  • The company, which has now raised a total of £65 million, intends to use the funds to continue to expand operations and its business reach internationally.

      • ProblemFinancial Services

      "Many people struggle to make ends meet between paychecks, leading to financial stress and reliance on high-cost payday loans."

      Solution

      "Wagestream's app lets employees access their earned wages in real time, providing them with financial flexibility and reducing the need for expensive loans."

      Covered on