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The most dangerous time of the month
It’s the last day of the month. On this Friday, eight motorcycle drivers are waiting at the perimeter of a factory, 60 km from Bangkok. A throng of workers exit the factory. They hand over their ATM cards to the drivers, who know the passwords. Nobody smiles. They speed off, return twenty minutes later, having […]
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Thai earned-wage access firm nets $2.8m in seed round
Salary Hero, a earned-wage access startup based in Thailand, has raised US$2.8 million in seed funding from Global Founders Capital, M Venture Partners, 500 TukTuks, and others. Co-founded by Bain Bangkok executives Jonathan Nohr and Prabhav Rakhra, Salary Hero offers workers financial assistance for unforeseen expenses between paychecks. The firm works directly with employers to provide earned-wage access […]
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Salary Hero raises US$2.8M to bring financial wellness to Thailand through EWA
Salary Hero integrates and works directly with employers to provide earned wage access and financial wellness products. Salary Hero, a Thailand-based financial wellbeing platform, today announced it has raised US$2.8 million (THB100 million) in funding. Global Founders Capital, M Venture Partners (MVP), 500 TukTuks, 1982 Ventures, Titan Capital, and multiple “high-profile” Thai corporates and angel […]
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Thailand’s Salary Hero is a earned wage access startup planning to become a neobank – TechCrunch
Salary Hero aims to offer more financial flexibility to lower-income Thai workers. The startup, which focuses on access to earned wages and financial education and plans to add neo-banking products as well, announced today that it has raised $2.8 million. The funding included participation from Global Founders Capital, M Venture Partners, 500 Global, 1982 Ventures, […]
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Is Salary Hero the solution to payday loans in Thailand?
One of the industries we follow closely in Southeast Asia is the loan industry, particularly predatory loan services that can be a big issue for developing nations. With tens of millions of low-income workers at risk, we take a special interest in this to better understand how it can help. That is why we wanted […]
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Bolstering Blue-Collar Financial Health: A Strategic Imperative for Employers
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Salary Hero, a startup that helps employees access their salaries in advance, raises $2.8 million in funding.
Salary Hero, a Startup Partnering with Large Enterprises to Provide Earned Wage Access and Financial Literacy, Raises $2.8 Million Salary Hero collaborates with large enterprises to develop solutions that allow employees to access their wages before payday through Earned Wage Access (EWA) while also promoting financial literacy. The startup aims to offer an alternative to […]
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Inclusive Fintech 50 Announces the 2022 Winners
WASHINGTON, D.C., October 17, 2022: The Center for Financial Inclusion (CFI) announced today the fourth cohort of the global Inclusive Fintech 50 (IF50) competition, which recognizes 50 early-stage, inclusive fintechs that aim to advance financial inclusion. IF50 is sponsored by Visa, MetLife Foundation, and Jersey Overseas Aid & Comic Relief, with support from Accion and IFC. The […]
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