Wagestream announced the close of a $175m Series C funding round
Wagestream, the financial wellbeing app founded with charities, designed for frontline workers and built around pay, has closed a $175
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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 no loans and there is no interest involved. Holland & Barrett’s cashflow is not affected by the...
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 previously reported by The Morning Advertiser, data from hospitality software provider Fourth found that...