Hourly workers make up abut 55% of the working world, yet when it comes to tech built for the world of work, their so-called knowledge worker counterparts dominate the space. Today, an app built specifically to address the needs of the former is announcing a big round of funding — underscoring both the evolving landscape […]
Branch raises $48M from Lee Fixel’s Addition, Indeed to provide accelerated payments to workers
Branch, which has built a flexible workforce payments platform, announced today it has raised $48 million in Series B funding and closed on a $500 million credit facility. Lee Fixel’s Addition –– which has also backed the likes of Flipkart, Stripe and Coinbase – led the equity financing while the credit facility was secured in […]