Innovation

💸 Tapcheck, an on-demand pay provider founded in 2019 by Ron and Kayling Gaver, secured $225 million in equity and debt financing, supported by PeakSpan Capital and Victory Park Capital. The company integrates with nearly 300 payroll systems, has facilitated over $1 billion in early wage funding, and serves 12,000 employer locations. Employers report a 50% improvement in retention, and 70% of employees experience reduced financial stress. Tapcheck offers services to companies like Hilton and Taco Bell and has disbursed over $160M in advance wages to 112,000 McDonald’s employees. The funding will aid in developing new products, enhancing Tapcheck's Mastercard offering, and expanding AI capabilities.

💸 Tapcheck, an on-demand pay provider, secured $225 million in equity and debt funding. Founded in 2019 by Ron and Kayling Gaver, the company has over 300 payroll and timekeeping system integrations. Employers report a 50% increase in retention, and 70% of employees feel less financial stress using Tapcheck. The service has processed over $1 billion in early wage access, serving 12,000 employer locations, including major companies like McDonald's, with 112,000 employees accessing over $160 million in wage advances. The latest funding consists of a $25 million Series A extension from PeakSpan Capital and a $200 million credit facility by Victory Park Capital. The funds will enhance Tapcheck's products, including its Mastercard offering and AI capabilities, reinforcing its leadership in earned wage access solutions.

💰 Tapcheck, founded in 2019 by Ron and Kayling Gaver, secured $225 million in funding. The company offers on-demand pay, integrating with nearly 300 payroll systems, and is used by employers like Hilton and McDonald's. It boasts over 50% employee retention improvement, has facilitated over $1 billion in early wage funding, and served 12,000 employer locations. The latest financing includes a $25 million Series A extension from PeakSpan Capital and a $200 million credit facility from Victory Park Capital.

📈 Tapcheck, founded in 2019 by Ron and Kayling Gaver, secured $225 million in equity and debt financing, with $25 million in Series A extension from PeakSpan Capital and $200 million credit from Victory Park Capital. The company, integrating with nearly 300 payroll systems, has processed over $1 billion in early wage funding for employees at 12,000 employer locations, including Hilton and McDonald's, serving 112,000 McDonald’s employees with over $160M in wage advances. Tapcheck reports a 50% employee retention improvement and a 70% decrease in employee financial stress. The new funding will expand product development, scale Mastercard access, and enhance AI capabilities.

💳 Tapcheck, an on-demand pay provider founded in 2019, raised $225 million in equity and debt financing. The company integrates with nearly 300 payroll systems and has facilitated over $1 billion in early wage funding, serving 12,000 employer locations. Employers see a 50% improvement in retention, and 70% of employees report reduced financial stress. Tapcheck supports major companies like Hilton and McDonald’s, with 112,000 McDonald’s employees receiving over $160M in advance wage disbursements. The latest funding includes a $25 million Series A extension from PeakSpan Capital and a $200 million credit facility from Victory Park Capital.