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Wagetap
AddedMar 20, 2024
UpdatedJul 3, 2026
Wagetap

Wagetap

Pre-Seed

Wagetap: Advance payday & BNPL for bills, optimizing workforce engagement.

HQ
Sydney, New South Wales, AU
Founded
2020
Accelerator
Y Combinator logoY CombinatorW22
Overview
Compare
Fundraising
Employees
Website

Founded with the mission to become the financial partner for everyday people, Wagetap offers a mobile app that allows users to get an advance of up to $2,000 on their next payday and pay their bills in more manageable installments. The core vision of Wagetap is to provide a suite of financial products aimed at optimizing workforce engagement and financial well-being. Their market focus is on individuals seeking short-term financial relief and better management of their monthly expenses.

Notable affiliated people and investors include key figures from the fintech industry, though specific names are not publicly highlighted. Wagetap has achieved significant milestones in user adoption and customer satisfaction, reflecting its impact on improving financial stability for its users. The company's innovative approach to payday advances and bill management has positioned it as a valuable tool for those looking to manage their finances more effectively.

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Wagetap - Quick Facts

Who are Wagetap's competitors?

Companies similar to Wagetap include Payflow, Clockout, Gig Wage and Check.

When was Wagetap founded?

Wagetap was founded in 2020.

Where is Wagetap's headquarters located?

Wagetap's headquarters is located in Sydney, New South Wales, AU.

When was Wagetap's last funding round?

Wagetap's most recent funding round was for $500k (USD) in March 2022.

How much has Wagetap raised to-date?

As of Mar 22, 2022, Wagetap has raised a total of $500k (USD).

How many employees does Wagetap have?

Wagetap has 11 employees as of Feb 24, 2024.

Wagetap - Classification

Ownership
  • Venture Capital
Technology
  • FinTech
Geographic Exposure
  • Australianew Zealand
Revenue
  • Recurring
Customer
  • Consumers
Main Product
  • Financial Services
Tags
  • Financial
  • SaaS
NAICS
  • 520000Finance and Insurance
SIC
  • 6000Depository Institutions
Show 9 more industry codes
NAICS
  • 522000Credit Intermediation and Related Activities
  • 522300Activities Related to Credit Intermediation
  • 522320Financial Transactions Processing, Reserve, and Clearinghouse Activities
SIC
  • 6200Security And Commodity Brokers, Dealers, Exchanges, And Services
  • 8700Engineering, Accounting, Research, Management, And Related Services
  • 6280Services Allied With The Exchange Of Securities Or Commodities
  • 8740Management And Public Relations Services
  • 6282Investment Advice
  • 8742Management Consulting Services