Branch International—a San Francisco-based digital lending and banking platform backed by Visa (NYSE: BRK) – has implemented targeted workforce reductions in Kenya and Nigeria. The company, known for providing accessible credit and financial services to underserved consumers in emerging markets, described the cuts as a… Read More
Read more in: Fintech | Tagged Branch, fintech, layoffs, san francisco
A recent announcement impacting the insurance technology sector by Branch, an insurer based in Columbus, Ohio, aims to further strengthen an existing collaboration with Akur8 by integrating the latter’s Discover tool. This expansion, announced this month, now aims to enhance Branch’s access to real-time regulatory… Read More
Read more in: Insurtech | Tagged akur8, Branch, insurance, insurtech, us
Branch, a workforce payments platform, recently launched a full-service paycard. Delivered through the Branch App and Card, the new offering targets industries including hospitality, healthcare, staffing, construction, and agriculture. With Branch’s paycard and platform, employers can also unlock other payout methods, including cashless tips, earned wage access,… Read More
Read more in: Fintech | Tagged Atif siddiqui, Branch, earned wage access, workforce payments
Ascen, the Y Combinator-funded back office platform for contract staffing, announced its partnership with workforce payments platform Branch to offer faster payment solutions for staffing companies. The partnership enables staffing firms that turn to Ascen for EOR and payroll services to offer “same-day payouts” as… Read More
Marqeta (NASDAQ: MQ), a card issuing platform that enables embedded finance solutions, this week unveiled its Marqeta Flex solution. Marqeta Flex addresses the way BNPL loans can be delivered inside payment apps and wallets, surfacing them at the moment of need within an existing payment… Read More
Read more in: Fintech | Tagged Ahmed Siddiqui, bnpl, Branch, marqeta, Marqeta Flex, Simon Khalaf
Indeed Flex, the temporary staffing platform providing flexible work and efficient staffing solutions, has partnered with workforce payments platform Branch to offer Same Day Pay. This tool enables Flexers to access as much as 50% of their earnings within an hour following a shift. As… Read More
Read more in: Fintech | Tagged Branch, fintech trends, flexible payments, workforce payments
Fetch, the offsite package management solution for apartment communities, announced it has adopted leading workforce payments platform Branch to power same-day payments to its network of delivery partners and its growing loyalty program. Operating in more than 25 major markets across the United States, Fetch… Read More
Read more in: Fintech | Tagged Branch, fetch, fintech adoption, workforce payments
symplr, a provider of enterprise healthcare operations software, announced a partnership integrating award-winning healthcare worker payments technology from Branch, a workforce payments platform. With the integrated pay solution, the symplr Contingent Talent Management (CTM) platform offers healthcare staffing firms automated options along “with free, same-day… Read More
Read more in: Fintech | Tagged Branch, fintech adoption, payments, workforce payments
Branch, the workforce payments platform, released findings from the fifth annual Branch Report, which “surveys over 3,000 hourly workers across industries about their work, finances, and lifestyle.” Findings from the update shared by Branch, shared with CI, reveal that “despite low economic optimism, hourly workers… Read More
Read more in: Fintech, Artificial Intelligence, General News | Tagged Atif Siddiqi, Branch, payments, research
Fountain, the labor applicant tracking system (ATS) and provider of hiring automation software for frontline workforces, announced it has integrated workforce payments platform Branch in order “to make paying new workers fast and scalable for hiring companies.” Branch claims that it is “the first and… Read More
Read more in: Fintech | Tagged Atif Siddiqi, Branch, payments
Branch, the workforce payments platform, announced the launch of a new tool to pay out earners instantly. Complementing the platform’s award-winning mobile wallet and range of offerings for accelerating payments, Branch Direct is “a web-based, instant payment solution that allows companies to pay out workers… Read More
Read more in: Fintech | Tagged Atif Siddiqi, Branch, fintech adoption, fintech trends, instant payments, payments, workforce payments
New research on gig workers from Branch, the workforce payments platform that helps businesses accelerate payments to empower their workers, reveals the latest industry trends. The 3rd annual Branch x Marqeta Gig Payments Report surveys “the work and payments preferences of over 1,000 gig workers… Read More
Read more in: Fintech | Tagged Branch, digital payments, digital transactions, fintech adoption, fintech trends, gig workers, payments, research, Research Report, virtual payments, workforce payments
Bungii, the “fast-growing” platform for big and bulky last-mile delivery, announced it has adopted workforce payments platform Branch in order “to streamline the payments experience for its growing network of drivers. Drivers that sign up with Bungii will onboard with Branch to receive fast, easy… Read More
Read more in: Fintech | Tagged Atif Siddiqi, Branch, digital transactions, financial services, fintech adoption, fintech trends, payments, workforce payments
Frayt Technologies Inc., a shipping and technology company that connects enterprises with on-demand delivery services, has selected the workforce payments platform Branch in order “to provide their network of 10,000+ drivers accelerated payments, fee-free financial services, and cash flow management tools.” Founded in 2018, Frayt… Read More
Read more in: Fintech | Tagged accelerated payments, Atif Siddiqi, Branch, cash flow management, digital technology, financial services, payments, shipping, workforce payments
Branch, which empowers working Americans by helping businesses accelerate payments, announced findings from its fourth annual Branch Report, “a look at the financial, work, and lifestyle interests of today’s hourly workers.” Surveying over 3,000 hourly employees across a variety of sectors including food service, logistics,… Read More
Read more in: Fintech, General News | Tagged Atif Siddiqi, Branch, hourly workers, inflation, savings, survey, united states, us
Inflation is rising to record-breaking heights. The most recent reading indicated that inflation hit 8.5% in March – the highest in more than 40 years. Inflationary policies pursued by the current administration, the war in Ukraine, and COVID have combined to create a toxic… Read More
Read more in: Fintech, General News | Tagged Atif Siddiqi, Branch, gig economy, inflation, marqeta, neobank, payments, vidya peters
Tippy, the salon and spa digital tipping platform, has announced that it has embedded workforce payments platform Branch to launch “a new, all-in-one solution for acquiring and disbursing cashless tips.” Tippy and Branch’s integrated solution “optimizes the entire tipping experience, from the customer’s wallet to… Read More
Read more in: Fintech | Tagged Atif Siddiqi, Branch, financial services, fintech adoption, fintech trends, payments, tips, workforce payments
Branch, a workforce payments platform, had announced a Series C round totaling $75 million. As covered, the investment round, led by Addition, includes contributions from global growth equity investor General Atlantic along with existing investors Drive Capital, Crosscut Ventures, and Indeed, among others. Branch aims… Read More
Read more in: Featured Headlines, Fintech | Tagged accelerated payments, Atif Siddiqi, Branch, digital transactions, financial services, fintech adoption, fintech trends, payments, united states, us
Only 6 months after their Series B round, Fintech Branch has announced a $75 million Series C funding round. The company did not disclose the valuation. The funding was led by Addition with the participation of General Atlantic. Returning investors include Drive Capital, Crosscut Ventures,… Read More
Read more in: Fintech | Tagged Atif Siddiqi, Branch, payments
At workforce payments platform Branch, the firm claims that they love partnerships, especially with companies that share “a commitment to financial inclusion.” That’s why they’re really pleased to confirm that they’re working with HR, payroll, and compliance software Greenshades to offer fee-free financial services to… Read More
Read more in: Fintech | Tagged Atif Siddiqi, Branch, digital financial services, financial inclusion, financial services, fintech app, freelancers, gig workers, united states, us
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