About Wagestream
Wagestream is a company based in London (United Kingdom) founded in 2018 by Peter Briffett was acquired by Humanforce in February 2023.. Wagestream has raised $133.02 million across 10 funding rounds from investors including Reddit, Epic Games and DuckDuckGo. Wagestream has completed 3 acquisitions, including Earnd, KEEBO and Zippen. Wagestream offers products and services including Flexible Pay, Budgeting, Coaching, Workplace Savings, and Workplace Loans. Wagestream operates in a competitive market with competitors including Clair, Onsi, Aslan, Paynest and Zuberi Pay, among others.
- Headquarter London, United Kingdom
- Founders Peter Briffett
- Stage Minicorn
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Sectors
TechnologyFinancial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Wagestream Ltd
- Date of Incorporation 29 Jan, 2018
- Jurisdiction LONDON, UNITED KINGDOM
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$133.02 M (USD)
in 10 rounds
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Latest Funding Round
$398.88 M (USD), Debt – Conventional
May 07, 2025
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Investors
Reddit
& 27 more
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Employee Count
Employee Count
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Investments & Acquisitions
Earnd
& 2 more
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Acquired by
Humanforce
(Feb 09, 2023)
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Products & Services of Wagestream
Wagestream offers a comprehensive portfolio of products and services, including Flexible Pay, Budgeting, Coaching, Workplace Savings, and Workplace Loans. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Enables early access to earned wages for employees.
Assists users in tracking and managing personal budgets.
Offers guidance on financial planning and debt management.
Facilitates employee savings through integrated platforms.
Provides access to small loans for financial needs.
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Funding Insights of Wagestream
Wagestream has successfully raised a total of $133.02M across 10 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $398.88 million completed in May 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 10
- Last Round Debt – Conventional — $398.9M
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First Round
First Round
(20 Apr 2018)
- Investors Count 27
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2025 | Amount | Debt – Conventional - Wagestream | Valuation |
investors |
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| Apr, 2024 | Amount | Series C - Wagestream | Valuation |
investors |
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| Apr, 2022 | Amount | Series C - Wagestream | Valuation | Smash Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Wagestream
Wagestream has secured backing from 28 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Reddit, Epic Games and DuckDuckGo. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital co-investments are made in UK later-stage businesses.
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Founded Year | Domain | Location | |
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Early-stage startups are funded by Northzone venture capital.
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Founded Year | Domain | Location | |
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Venture capital firm focused on consumer internet, software, and technology companies
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Wagestream
Wagestream has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Earnd, KEEBO and Zippen. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Personal credit lines are offered via an online platform.
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2019 | ||||
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Financial wellness program for employees
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2018 | ||||
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Pension consolidation services are provided by Zippen for individuals.
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2018 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Wagestream
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Wagestream Comparisons
Competitors of Wagestream
Wagestream operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Clair, Onsi, Aslan, Paynest and Zuberi Pay, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Embedded Earned Wage Access solutions are provided for HR platforms.
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| domain | founded_year | HQ Location |
On-demand pay and employee rewards are managed via a platform.
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| domain | founded_year | HQ Location |
On-demand pay is facilitated via a digital lending platform.
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| domain | founded_year | HQ Location |
Online platform for financial education and payroll management
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| domain | founded_year | HQ Location |
Employer-enabled early salary access solutions are offered to employees.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Wagestream
Frequently Asked Questions about Wagestream
When was Wagestream founded?
Wagestream was founded in 2018.
Where is Wagestream located?
Wagestream is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Wagestream?
Peter Briffett is the current CEO of Wagestream. They have also founded this company.
Is Wagestream a funded company?
Wagestream is a funded company, having raised a total of $133.02M across 10 funding rounds to date. The company's 1st funding round was a Series C of $60M, raised on Apr 20, 2018.
What does Wagestream do?
Wagestream was founded in 2018 in London, United Kingdom, as a fintech company offering a platform for on-demand pay and financial benefits. Employees are assisted through tools for savings allocation, financial planning, budgeting, expense tracking, and worry management. Resources for new users are included, while real-time earnings tracking is enabled via the app to support clearer financial oversight. Operations focus on business-employee partnerships in the financial wellness sector.
Who are the top competitors of Wagestream?
What products or services does Wagestream offer?
Wagestream offers Flexible Pay, Budgeting, Coaching, Workplace Savings, and Workplace Loans.
How many acquisitions has Wagestream made?
Who are Wagestream's investors?
Wagestream has 28 investors. Key investors include Reddit, Epic Games, DuckDuckGo, Citi, and SVB.
What is Wagestream's valuation?
The valuation of Wagestream is $178.09M as of Jul 2020.
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