46. Wagestream

Company: Wagestream

Founders: Peter Briffett, Portman Wills

Website: https://wagestream.com/en/

 

 

About Wagestream

 

With the financial system stacked against 75% of the working world, in 2018, Peter Briffett and Portman Wills founded Wagestream to make work more rewarding, fair and inclusive for all.

Now offered through over 500 employers such as Bupa, Asda, Burger King, Next and the NHS, Wagestream is a complete financial wellbeing platform built around pay.

It provides over 3 million people with access to a fair set of financial services, with workers using the app to manage their budgeting, choose their own pay cycle, put money aside for the future, chat to a money coach, save money on bills, and more – all in one app.

Following a Series C fundraise of $175m last year – the biggest social impact fundraise in history – Wagestream has seen massive growth, with the number of people with access to the app having more than doubled since the end of 2021.

Having been founded with social impact funds and by operating on a social charter, meaning every service it provides must measurably improve financial wellbeing, Wagestream was also one of the first fintechs to achieve B Corporation status.