Earned Wages news and trends

OneSource Virtual Unveils Digital Wallet for Employees
Payroll // September 19, 2023

OneSource Virtual (OSV), a company specializing in HR, payroll and finance solutions for Workday customers, has unveiled a digital wallet designed to improve the employee pay experience. The new myFlexWallet is an all-in-one digital wallet that provides employees with a centralized platform for managing their finances, the company...

Branch Nets Over $540M In Series B Funding
Investments // August 17, 2021

Business payment acceleration firm Branch announced Tuesday (August 17) it raised more than $540 million in Series B fundraising, money that will be used to help the company build up its flexible workforce payment platform. Addition led the $48 million Series B funding round and...

Westgate On How Flexible Worker Payments Are Helping Reopen Resorts
Faster Payments // June 25, 2020

Hotels and resorts need their workers more than ever to safely reopen, but these workers must also meet their own needs – and early access to pay can play a vital role in helping them do so. In the inaugural edition of the Next-Gen Payroll...

Westgate Resorts: Why Faster Worker Pay Is Key To Reopening
Faster Payments // June 24, 2020

The United States economy is steadily reemerging from the COVID-19 pandemic-induced shutdown. Businesses are reopening to a different reality than the one that existed just three months ago, however. Firms are adopting new safety policies concerning everything from sanitation to public occupancy limits. Many of...

Quick Reads
DailyPay Raises $175 Million to Expand On-Demand Pay Platform

January 18, 2024
On-demand pay company DailyPay has secured $175 million in funding, resulting in a 75% increase in the company’s valuation to $1.75 billion. This funding includes a $75 million equity round and a $100 million expansion of an existing secured credit facility, with additional financing provided by Citi, the company said in a Thursday (Jan. 18) […]

OneSource Virtual Unveils Digital Wallet for Employees

September 19, 2023
OneSource Virtual (OSV), a company specializing in HR, payroll and finance solutions for Workday customers, has unveiled a digital wallet designed to improve the employee pay experience. The new myFlexWallet is an all-in-one...

Branch Nets Over $540M In Series B Funding

August 17, 2021
Business payment acceleration firm Branch announced Tuesday (August 17) it raised more than $540 million in Series B fundraising, money that will be used to help the company build up...

PayActiv And Walmart Team Up To Provide Workers With Access To Wages

October 25, 2018
PayActiv, the provider of employment-based holistic financial wellness services, announced Thursday (October 25) a deal with Walmart in which PayActiv employees can access earned cash wages. In a press release, PayActiv...