Wagely
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Wagely - overview
Established
2020
Location
Jakarta, -, Indonesia
Primary Industry
Financial Services
About
Based in Jakarta, Indonesia, and founded in 2020, PT Gaji Pintar Indonesia operates as Wagely, a developer of a financial wellness platform that allows workers to withdraw their earnings in real-time and provides an alternative to predatory loans. The company was co-founded by Kevin Hausburg, Sasanadi Ruka, and Tobias Fischer. In March 2024, PT Gaji Pintar Indonesia, Wagely Bangladesh Limited raised venture debt funding from investors. Wagely partners with employers and offers its platform to their employees as an employee benefit, employees can access their earned but unpaid wages via the Wagely app.
The platform provides solutions for all employees in breaking the cycle of debt caused by overdraft fees, high-interest credit, or payday loans. It also supports on-site implementation and training. The company intends to use the March 2024 funding to expand its earned wage access services in Indonesia and Bangladesh.
Current Investors
Rocket Internet SE, Global Founders Capital, Integra Partners
Primary Industry
Financial Services
Sub Industries
e-Financial, Web Applications, Accounting/Finance Software
Website
www.wagely.app
Verticals
FinTech, Mobile Apps
Company Stage
Angel & Seed
Total Amount Raised
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