Wagestream Press Centre

For any media enquiries please get in touch with the team on pressoffice@wagestream.com

About Wagestream

Wagestream makes work more rewarding for more than two million people - by giving them access to fair financial services through their employer. Offered through caring employers like Bupa, Co-op, Next, Pizza Hut, University of Chicago and the UK's National Health Service, workers use Wagestream to choose when they get paid, manage their budgeting, save for a rainy day, chat to a personal money coach, and get fairer deals on financial products - all in one app. Wagestream was founded with investment from leading social impact funds and operates on a social charter: every service it provides must measurably improve financial wellbeing. More than 70% of people using Wagestream feel more in control of their money - leading to a happier, healthier, more productive workforce, and improved recruitment and retention for their employers.
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Wagestream in the news

Halfords supports staff financial wellbeing with savings and budgeting app

Every Halfords employee now has access to financial wellbeing app Wagestream, having rolled it out to thousands of staff around the UK. It allows them to track their shifts and pay, manage their budgeting, save, get free financial education and better deals on financial products – all built around a flexible pay cycle.

How Wagestream is improving the lives of vulnerable groups

Wagestream founders Peter Briffett (CEO) and Portman Wills (CTO) share their thoughts on the origins of Wagestream, their approach to financial inclusion and wellbeing, and the challenges of balancing commercial viability with impact accountability.

It’s time to end money stigma at work

A hard-to-shift stigma is stopping UK employees from seeking more support with money in the workplace, despite employers ramping their financial wellbeing efforts. The cost-of-living crisis is a rallying call across society to dismantle this stigma – and employers have a crucial role to play.

7 in 10 hiding money worries at work

While overall focus on employee welfare increased during the pandemic, survey reveals financial wellbeing is still falling down businesses’ agendas.

Employers turn to financial wellbeing

Workers in the UK are stressed about finances, but wellbeing programmes can help.

Financial wellbeing offerings NEED to improve, says research

With International Stress Awareness Day coming earlier this week, employers are being urged to accelerate their financial wellbeing offering with money stress called an ‘invisible workforce crisis’.

Startup looks to change our preconceptions of payday

London Evening Standard delves into the origins of financial wellbeing startup Wagestream, and how it hopes to build a ‘financial super-app’ for frontline workers.

Clipper delivers flexible pay to 9,000 employees

Clipper Logistics plc has become the first logistics provider to remove the locked pay cycle and offer staff flexible pay, in a major new financial wellbeing initiative for its workforce.

Best pieces of money advice revealed

“Pay your bills and stay out of debt” is the single best piece of money guidance Brits will ever receive, according to research. The study of 2,000 adults revealed “save for a rainy day”, “stick to a budget” and “be open with your partner about your spending habits” as other popular financial pearls of wisdom.

Coronavirus: One in five Brits have already been hit in the pocket by lockdown

Discretionary spending is definitely down and commuting costs have also plummeted but the sheer uncertainty about job prospects means financial stress is rising all the time.

How Wagestream Is Eradicating Post-Christmas Number Crunching

Wagestream, the financial wellbeing fintech startup, has revealed that Christmas debt cripples 50 percent of the British population. This coincided with research from the Joseph Rowntree Foundation (JRF) which identified that the number of working Brits in poverty is outpacing employment.

Bupa launches financial wellbeing for 11,000 staff

Bupa has teamed up with income streaming and financial wellness app Wagestream, one of several fintech firms providing real-time access to wages as they are earned, to ease cash flow problems created by the monthly pay cycle.

‘You can get your money when you need it’

“Wagestream helped me afford to get into work when I was stuck instead of taking out a payday loan or something, which is what I would have done.”

Staff at Bella Italia, Café Rouge and others draw down £902,623 with flexible pay

The financial benefit, provided by Wagestream in partnership with Fourth, was implemented for 7,000 CDG employees in May 2019 as part of the organisation’s recruitment and retention strategy, as well as to combat financial stress.

Wagestream closes $51M Series A to plug the payday gap without putting workers in debt

Getting your work wages on a monthly (not weekly nor biweekly) basis has become a more widespread trend as the price of running payrolls has gone up, and organizations’ cashflow has gone down. That 30-day shift may be a boost to employers, but not employees, who may need access to those wages more immediately and find it a challenge to stretch out their income month to month.