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Company News

DailyPay 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

Oct 1, 2025
Company News

Chime 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

Aug 22, 2025
Product News

eTip 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

Jun 2, 2025
Venture Capital

Multiply 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

Mar 19, 2025
Venture Capital

Invst 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

Jan 6, 2025
Company News

UKG 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

Aug 26, 2024
Company News

Paychex 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

Aug 19, 2024
Venture Capital

Chime 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

Jun 26, 2024
Venture Capital

401GO 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

Apr 23, 2024
Venture Capital

Vestwell'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

Dec 22, 2023
Venture Capital

San 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

Nov 2, 2023
Venture Capital

ADP 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.

Oct 4, 2023
Venture Capital

Immediate, 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

Jul 25, 2023
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