Employees paid after each shift.
The Rain Instant Pay app provides early wage access for employees at mid to large-sized organizations across the United States to improve financial wellness and increase employee productivity. With 78% of Americans living paycheck to paycheck, financial wellness tools are an important part of any employee benefits package. Rain works by giving advances on upcoming paychecks; it is not a loan and there is no interest. Employees pay a small fee for this service, healthier than payday loans.
For the companies populating the FinTech IPO Index, earnings have been part of the continuing avalanche of headlines this past week. Earnings Begin to Trickle …
Venture capital firm 14Peaks Capital has successfully closed its first fund at $30 million in capital commitments from an impressive consortium of limited partners (LPs), …
Marqeta, the card issuing platform enabling some of the world’s most innovative embedded finance solutions, announced its new partner Rain.