Search results for “financial wellness”
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Singapore-Based Global Payroll and HR Platform BIPO Secures US$50M Investment from Apis Partners to Expand Across 170+ Markets
Apis Partners has invested US$50 million in BIPO to accelerate the Singapore-headquartered company’s global expansion, disciplined M&A strategy, AI roadmap, and embedded financial services capabilities. BIPO, described as Asia Pacific’s leading payroll payment processing...
Venture CapitaleTip Acquires Shiny Solutions to Expand Its End-to-End Workforce Engagement Platform for Hospitality and Service Industry
eTip has acquired Shiny Solutions to expand beyond digital tipping into a broader workforce engagement platform for hospitality and service operators. The combined offering adds recruitment, scheduling, recognition, and AI insights as labor
Company NewsDailyPay Upsizes Secured Credit Facility to $960 Million
DailyPay announced a $200 million upsizing of its secured credit facility, increasing total committed capacity to $960 million and pushing its total debt financing backed by On-Demand Pay receivables above $1 billion. The expanded facility
Company NewsUKG Launches Venture Fund
UKG, a leading global AI platform for HR, pay, and workforce management, has launched UKG Ventures , a strategic investment fund focused on the next generation of worktech innovators. The fund targets early to growth-stage startups that ali
Product NewsDaybright Launches AI Suite to Reinvent Employee Benefits Enrollment
Daybright Financial has introduced a new suite of AI-powered tools aimed at radically simplifying the employee benefits experience. These solutions include AI-generated benefit guides, microsites, personalized communications, decision suppo
Company NewsDailyPay Names Veteran Executive Nelson Chai as CEO
DailyPay appointed veteran executive Nelson Chai as CEO, advancing its strategy beyond earned wage access toward broader financial wellness for frontline workers. Chai—formerly Uber’s CFO and DailyPay’s Executive Chair—will lead product inn
Company NewsChime and Workday Partner to Deliver a Comprehensive Employee Financial Wellness Solution to Millions
Workday has named Chime its Strategic Financial Wellness Partner, making Chime Workplace available to Workday customers via Workday Wellness. Workday serves 11,000+ organizations (including 60% of the Fortune 500), positioning this integrat
Company NewsWorkday and DailyPay Partner to Deliver On-Demand Pay Across U.S. and Canada
Workday and DailyPay have announced a strategic partnership to provide on-demand pay solutions for millions of workers across the U.S. and Canada. The integration with Workday HCM and Payroll will allow employees, particularly frontline and
Product NewseTip Launches Debit Payroll Card to Modernize Tipped Wage Access
eTip, a leading digital tipping platform for hospitality and service sectors, has launched a new no-fee VISA debit payroll card that allows instant access to tips and wages. The card, available in both physical and virtual formats, is desig
Venture CapitalMultiply Mortgage Raises $23.5M Series A to Make Homeownership an Employee Perk
Multiply Mortgage, a fintech innovator, has secured $23.5 million in Series A funding led by Kleiner Perkins, bringing its total funding to $27 million. The company is revolutionizing employee benefits by offering lower mortgage rates—up to
Venture CapitalInvst Acquires NS Capital, Revolutionizing Retirement Solutions for Businesses
Invst , a leading investment advisory firm, has acquired NS Capital to establish the Invst Unity Pooled Employer Plan (PEP). This strategic move revolutionizes retirement solutions for businesses, addressing challenges like fiduciary liabil
Company NewsDayforce Reports Impressive Q3 2024 Results: $440 Million in Total Revenue, 19% Growth in Recurring Revenue
Dayforce, a global leader in human capital management technology, reported strong financial performance for Q3 2024, with a notable increase in total revenue to $440.0 million, up 17% year-over-year. Recurring revenue from the Dayforce plat
Company NewsUKG Labs Ecosystem Doubles in Size, Adds Nine New Startups
UKG has announced that its UKG Labs, an in-house global startup ecosystem and virtual laboratory, has expanded to include 20 companies. This program accelerates innovation for the frontline workforce by supporting early-stage companies that
Company NewsPaychex Launches Digital Employee Benefits Marketplace
Paychex has launched Paychex Flex® Perks, a digital marketplace offering a range of employee benefits tailored to today's diverse workforce. This integrated e-commerce platform allows employees to self-select benefits like early access to e
Venture CapitalChime Financial's $173 Million Acquisition of Salt Labs: A Step Towards IPO Ambitions
Chime Financial has acquired Salt Labs to enhance financial progress for everyday Americans. Both companies aim to empower employees by leveraging the Chime platform. Jason Lee, CEO of Salt Labs, will lead the new Chime Enterprise unit to d
Venture Capital401GO Raises $12M Series A to Fuel Next Phase of Growth
401GO , a fintech company specializing in modern retirement solutions, has successfully secured $12 million in Series A funding led by Next Frontier Capital, with participation from Rally Ventures, Impression Ventures, and Stout Street Capi
ColumnUKG Helps Two-Thirds of NRF Top 100 Retailers Create Great Workplaces
AI-powered HCM suite built with the world’s largest collection of people, work, and culture data transforms the employee experience. LOWELL, Mass. & WESTON, Fla. UKG , a leading provider of HR, payroll, workforce management, and culture sol
Venture CapitalVestwell's Series D Success: Paving the Future of Fintech with $125 Million
Vestwell, a trailblazer in the savings platform sector, has successfully raised $125 million in its Series D funding round. This significant investment, led by Lightspeed Venture Partners and supported by other key investors, marks a major
Venture CapitalSan Diego-based Payroll Integrations Secures $20M in Series A: A Deep Dive into the Future of Employee Financial Wellness
San Diego-based startup, Payroll Integrations, has successfully raised $20 million in a Series A funding round. The company, founded by Doug Sabella and Andrew Hallengren, specializes in providing a unique integration platform-as-a-service
Venture CapitalADP Launches ADP Ventures,A Game-Changer in Human Capital Management?
ADP, a global leader in human capital management solutions, has announced the launch of its corporate venture capital arm, ADP Ventures. The new venture aims to invest in early-stage tech startups that align with ADP's innovation strategy.
Venture CapitalGympass Raises $85 Million in Series F Funding at $2.4 Billion Valuation, Strengthens Position as the Leading Global Corporate Wellness Platform
Funding comes in a record year for Gympass, as it nearly doubled its customer base to more than 15,000 and surpassed two million employee subscribers across its network of more than 50,000 partners Gympass delivers the best network of gyms,
Company NewsOneSource Virtual Joins the Highline's Payroll Payments Network To Provide Employee Financial Health And Well-Being Solutions
OneSource Virtual (OSV), the leading provider of services for Workday, and an innovator of extensible applications built on Workday technology, announces a first-of-its-kind partnership with Highline , a fintech company transforming payme
Venture CapitalImmediate, a US Earned Wage Access Company, Secures $16M in Funding to Accelerate Expansion in Workplace Financial Health
Immediate, an earned wage access company, announced a $16 million round of funding, split between growth equity and a working capital facility. This will enable Immediate to accelerate its growth in the workplace financial health sector. Th
Venture CapitalAn Education Assistance Benefits Platform Tuition.io Acquires Wiley’s Tuition Manager Business
SAN MATEO, CA — Tuition.io , a leading education assistance benefits provider, has acquired Wiley’s (NYSE: WLY) Tuition Manager business, which enables employers to offer a range of tuition assistance benefits to their workforces. Terms
Venture CapitalClair raises $175 million in funding to launch first free, on-demand pay solution powered by Pathward®, N.A., to help front-line workers get paid same day
July 6, 2023 – Clair , a mission-driven fintech company, today announced it raised $175 million in funding to launch the first free, consumer-friendly, on-demand pay solution as a consumer lending program backed by an FDIC-insured bank. Th
Company NewsU.S. Retirement & Benefits Partners Announces Partnership with The Vistria Group, LP
Iselin, NJ, June 21, 2023 — U.S. Retirement & Benefits Partners (USRBP) , a leading national provider of employee benefits and retirement planning services, announced today a strategic partnership with The Vistria Group, LP (The Vistria Gro
Venture CapitalXTM Signs Definitive Agreement to Acquire Issuer, Processor, Certified EWA Provider - QRails
June 15, 2023, MIAMI, TORONTO -- XTM Inc. (“ XTM ” or the “ Company ”) (QB: XTMIF / CSE:PAID / FSE:7XT), a Miami and Toronto-based Fintech creator of payment innovations and mobile solutions specifically geared towards service industries in
Venture CapitalHumanforce Acquires IntelliHR, Cementing Its Position as a Best-of-breed Human Capital Platform
Its third acquisition in a year, Humanforce continues to strengthen ability to deliver on mission of making work easier and life better for frontline and flexible workforces. Sydney, 14 June 2023: Humanforce , a Sydney-based global provid
Venture CapitalOrigin acquires Finny to Fill a Critical Gap in Workplace Financial Education
Acquisition will help Origin users improve global financial literacy and debt management with more complete toolkit for smarter financial planning BOSTON, June 05, 2023 -- Origin , the startup reimagining financial wellness in the workplace
Company NewsFortune Names UKG One Of America’s Most Innovative Companies
MARCH 30, 2023/--Fortune has named UKG , a leading provider of HR, payroll, and workforce management solutions for all people, one of America’s Most Innovative Companies. Developed by Fortune and Statista, the inaugural list honors U.S.-ba
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