£17.5M
The round was backed by British Patient Capital, Lombard Odier Investment Managers, and Northzone to help scale services for frontline employees.
Wagestream
Financial benefits provider delivering services for low and middle-income workers.
£186MTotal raised
Wagestream operates a financial benefits platform providing tools such as flexible pay access, budgeting, and savings for shift and frontline workers. The company partners with major employers to deliver fair financial services aimed at lower-income households.
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Founders
Peter Briffett
Co-founder and CEO
Peter brings executive operating and founding experience from roles at LivingSocial, YPlan, Anatwine, and Wagestream.
LinkedInPW
Portman Wills
CTO
Investors
- £17.5M
- £134M
- £20.0M
- £15.0MBBaldertonLeadNorthzoneLead
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.