Innovation

💳 Tapcheck, an on-demand pay provider founded in 2019 by Ron and Kayling Gaver, raised $225 million in combined equity and debt financing, with $25 million in Series A extension from PeakSpan Capital and a $200 million credit facility from Victory Park Capital. Tapcheck integrates with nearly 300 payroll systems and has facilitated over $1 billion in early wage funding across 12,000 employer locations, serving companies like Hilton and McDonald's (112,000 employees, $160M in wage advances). The platform boosts employee retention by over 50% and reduces financial stress for 70% of its users.

💰 Tapcheck, an on-demand pay provider, secured $225 million in financing, including a $25 million Series A extension from PeakSpan Capital and a $200 million credit facility from Victory Park Capital. Founded in 2019 by Ron and Kayling Gaver, Tapcheck integrates with nearly 300 payroll systems and has processed over $1 billion in early wage funding for employees at 12,000 locations. The company is known for aiding 112,000 McDonald's employees and has an 'Excellent' Trustpilot rating. The new funding will develop products and expand AI capabilities to improve early wage access solutions.

💸 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.