Peter Briffett News Today

Wagestream, a financial well-being app for frontline workers, has raised 17.5 million pounds (about $21.8 million) in a funding round.

Understanding pay: As employers try to support workers with the rising cost of living, it's crucial to get the basics right around pay.

FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time!

Financial wellbeing app, Wagestream, has executed a $175 million series C funding round, as it prepares to bolster support for underserved, frontline workers beyond the UK. Finextra caught up with Wagestream’s CEO and co-founder, Peter Briffett, to learn more.

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” […]

Wagestream, the financial wellbeing app founded with charities, designed for frontline workers and built around pay, has closed a $175

A quarter of Holland & Barrett’s employees have made use of its scheme giving them instant access to wages. The health and wellness retailer introduced the initiative in partnership with Wagestream for its 5,000 UK team members in October. The technology gives employees instant access to their earned wages whenever they need them, rather than waiting until their usual pay day. Users are charged a flat fee of £1.75 each time they draw some of their earnings into their bank account. There are...

The number of hospitality shifts worked in 2020 was 47% lower than 2019’s overall figure – peaking at a 97% drop during the toughest months of the sector’s shutdown. According to the latest figures from income streaming provider Wagestream, the number of shifts worked recovered to 57% of non-pandemic levels be at the height of in-person dining during the summer, after pubs were allowed to resume trading from 4 July under Covid-secure restrictions.  As previous...