£17.5M
The round was backed by British Patient Capital, Lombard Odier Investment Managers, and Northzone to help scale services for frontline employees.
Wagestream
Wagestream operates a service allowing workers to access their monthly wages in real time.
£191MTotal raised
Wagestream provides a financial service that enables employees to access their earned wages in real time.
Categories
Founders
Peter Briffett
Co-founder
Peter brings executive operating and founding experience from roles at LivingSocial, YPlan, Anatwine, and Wagestream.
LinkedIn
Portman Wills
Co-founder
Portman brings technical leadership and founding experience from roles at Wagestream, Stream, and multiple digital ventures.
LinkedInInvestors
- £17.5M
- £134M
- £20.0M
- £15.0M
- £4.5M
Funding history
£134M
The financing comprises equity led by Smash Capital and BlackRock alongside debt from Silicon Valley Bank.
£20.0M
Northzone led the £20m Series B round to support international expansion and strengthen UK market share.
£15.0M
The financing round was co-led by Balderton and Northzone, bringing the company's total funding to £40m.
£4.5M
The funding round was backed by investors including QED Investors, Village Global, and the London Mayor's Co-Investment Fund.