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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