Earnd has changed its name to Wagestream, joining a global network of socially-focused fintechs.
I’ve got some big news!
Earnd has changed its name to Wagestream.
Serge Kotlyarov and I founded Earnd to change the way employees interact with their money and ultimately change the way employers deliver financial wellbeing tools that can make a radical and positive impact in their people’s lives.
In the time since, we’ve been fortunate enough to work with some amazing businesses such as BPAY, Hungry Jack’s, Pizza Hut and TSA. We’ve also broadened our suite of products so that employees can track their earnings in real-time, check their financial fitness and live chat with a money coach. Soon we’ll be offering a way for employees to grow their money faster too.
Last year we were fortunate enough to join forces with Wagestream, a fintech company based out of the UK with the exact same mission as ours — to give every working person globally complete financial freedom.
This is more important now than ever before. In Australia we’ve seen the proliferation of credit providers masking themselves as the ‘good guys’ but in reality taking advantage of vulnerable consumers. Responsible fintechs need to emerge and ensure that people have access to the tools they need to improve their financial wellbeing.
As part of Wagestream we've joined a network of charity-backed and socially focused fintechs working to make money simple not stressful for more than one million employees globally. We're so excited to be part of the Wagestream family and this name change reflects that.
You’ll notice our website has a slightly different look and our app does too. As I mentioned, very shortly we’ll be releasing a new product in the app called Grow - it’s a way for employees to grow their savings faster by transferring their earnings before they’re paid.
But this is just the beginning, we’ve got so much more to come. From delivering our first Financial Inclusion Action Plan, to announcing some amazing new customers, sharing our annual impact reporting and launching more financial wellbeing tools, I’m so excited about 2022.
What’s more, I’m excited to help more employees take power over their pay and continue to fulfil our mission.
Last week we won the award for Game Changing Innovation at the Financial Inclusion Conference, a recognition by the best in Australia that when financial services are delivered fairly it can be transformative.
Mission-driven, charity backed… we’re just getting started!