Full-Time
On-demand earned wages platform for employees
No salary listed
No H1B Sponsorship
Plano, TX, USA
Hybrid
Three days on-site per week required.
Tapcheck provides earned wage access (EWA) and financial wellness tools to employees via a B2B2C model. It lets employees access a portion of earned wages before payday through a mobile app, with transfers to bank accounts, mobile wallets, or an optional Tapcheck Mastercard, and it integrates with 300+ payroll and timekeeping systems (including ADP and Paychex). Employers incur no cost; Tapcheck earns a small flat transaction fee per early transfer, and the platform includes financial education resources. Its goal is to scale the platform, expand services, and help workers cover unexpected expenses while reducing reliance on high-interest options.
Company Size
51-200
Company Stage
Series A
Total Funding
$263M
Headquarters
Los Angeles, California
Founded
2019
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Tapcheck has partnered with Paychex to provide on-demand pay access for employees through Paychex's HR PEO platform. The embedded solution allows eligible employees to instantly transfer earned wages to a bank account or free Tapcheck Mastercard via mobile app. The integration uses payroll data and machine-learning algorithms to calculate earned wage disbursements. Paychex PEO clients can activate the service without new systems or process changes, whilst maintaining full payroll visibility and control. The solution targets industries with complex staffing needs, including hospitality and senior living communities. Tapcheck, which integrates with over 300 payroll and timekeeping systems, offers the service at no cost to employers. The company positions on-demand pay as a tool to reduce turnover and support employee financial wellness.
Alto Software Group (ASG) has appointed Sara Arthrell as chief marketing officer.
Tapcheck, a Plano, Texas-based on-demand pay provider, secured $225 million in funding, comprising a $25 million extension to its Series A round led by PeakSpan Capital and a $200 million credit facility from Victory Park Capital.
World News | Israeli fintech startup Tapcheck raises USD 225 million in equity, debt funding.
Tapcheck, an on-demand pay provider, has raised $225 million in combined equity and debt financing. This significant capital injection highlights the growing interest in on-demand pay solutions. With this funding, Tapcheck is well-positioned to expand its services and reach more employees who need access to their earnings before payday. As the gig economy grows and traditional pay cycles lag, expect more innovation in this space.