wagely

Asiaβ€˜s leading financial wellbeing app for employees πŸ‘·πŸ½β€β™€οΈπŸ’™

General Information
Company Name
wagely
Founded Year
2020
Location (Offices)
Jakarta, Indonesia +2
Founders / Decision Makers
Number of Employees
126
Industries
Finance, Financial Services, Human Resources
Funding Stage
Series Unknown
Social Media

wagely - Company Profile

Wagely is a financial wellbeing app that aims to make the workforce future-ready. Founded in 2020 and headquartered in Indonesia, Wagely is on a mission to empower employees by providing them with visibility into their daily earnings, instant access to earned wages, and the ability to plan ahead. The platform is designed to reduce employee turnover, enhance retention, and increase business savings, thus contributing to overall financial wellness.

Wagely operates in the Finance and Financial Services industries, serving as Asia's leading financial wellbeing app for employees. The company recently secured a Debt Financing investment on 04 March 2024. Although the specific investors behind this latest funding round are not disclosed, Wagely's commitment to empowering employees and improving their financial health positions it as an attractive investment opportunity.

With its focus on fostering financial stability and control for employees, Wagely presents a compelling proposition for venture capital firms seeking to support innovative solutions in the financial technology space. The company's demonstrated impact on reducing turnover and enhancing retention further enhances its appeal to potential investors. As Wagely continues to expand its reach and impact, it presents an exciting opportunity for investment in the burgeoning field of financial wellness technology.

For more information about Wagely, visit www.wagely.app.

Taxonomy: financial wellbeing app, employee retention, financial wellness platform, earned wage access, financial stress reduction, financial health improvement, turnover reduction, savings enhancement, employee benefits, financial planning, income control, cash advances, employee empowerment, bill payment, financial visibility

Funding Rounds & Investors of wagely (5)

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Funding Stage Amount No. Investors Investors Date
Venture Round $23.00M 1 04 Mar 2024
Debt Financing Unknown - 04 Mar 2024
Seed Round $8.30M 8 Asian Development Bank 15 Mar 2022
Seed Round $5.60M 1 09 Jun 2021
Pre Seed Round Unknown - 20 May 2020

Latest News of wagely

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No recent news or press coverage available for wagely.

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