Co-founders and serial entrepreneurs Peter Briffett, 47, and Portman Wills, 39, set up this firm in 2018 to allow employees to receive their earned wages when they need it and in advance of payday, to absorb unplanned expenses without getting overdrawn or taking out payday loans. The company says it works with more than 70 employers and brands in the UK, such as the NHS, Bupa and Café Rouge, and also provides access to tips and articles on financial wellness in partnership with the UK’s Money and Pensions Service. It has raised £45m consisting of £20m equity and £25m debt to finance employee draw-downs, from investors including QED, Village Global (backed by Bill Gates, Jeff Bezos, and Mark Zuckerberg), Balderton Capital, and Northzone.
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