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
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.
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.
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,
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.