Targeting payday lenders, Branch adds pay on-demand features for hourly workers

Branch, the scheduling and pay management app for hourly workers, has added a new pay-on-demand service called Pay, which is now available to anyone who downloads the Branch app. It’s an attempt to provide a fee-based alternative to payday lending, where borrowers charge exorbitant rates to lenders on short term loans or cash advances. Borrowers […]

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Gusto raises $140 million to go after small business payroll and benefits with more gusto

Gusto, which sells payroll, benefits and human resources management and monitoring services to small businesses, has raised $140 million in its latest round of funding. The company said it will use the money to add new services to increase payment flexibility for employees. The company launched a new service called Flexible Pay, which gives employees […]

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Taking the pain out of accounting and payroll for small businesses, ScaleFactor raises $10 million

ScaleFactor, the Techstars alumnus that’s selling accounting and payroll management software as a service, has raised $10 million in a new round of funding as it looks to scale up its sales and marketing efforts. Founded by longtime accountant, Kurt Rathmann, the Austin-based company has created a software service that collects and analyzes data from […]

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Disrupting the paycheck, Gusto’s Flexible Pay allows employees to pick when they get paid

People should get paid for work they have done. It’s a pretty simple principle of capitalism, but a principle that seems increasingly violated in the modern economy. With semi-monthly paychecks, the work an employee does on the first day of the month won’t be paid until the end of the third week – a delay […]

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NiYO raises $13.2M to digitize payroll and employee benefits in India

 Fintech startup NiYO helps salaried employees access company benefits and other financial services, and now it has raised $13.2 million to offer its services to more of the country. Founded in 2015, NiYO partners with companies (employers) and ba…

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