What is wagely?

wagely is an employee benefit solution that employers can offer to their employees to help them overcome financial shortfalls between paychecks. With wagely, employees are able to access their earned but unpaid wages allowing employees to be financially resilient when in need.

How does a business offer wagely?

wagely partners with employers to deliver financial wellness to their employees. Once an employer agrees to offer wagely to their employees as an employee benefit, employees can access their earned but unpaid wages via the wagely app. The service can go live within 48 hours. wagely also supports with on-site implementation and training.

How does wagely make money?

Incumbent financial institutions and payday lenders make money when people are stuck. Stuck paying interest, overdraft, and late fees. wagely is different and makes money only by charging a flat membership fee. The wagely membership fee is paid by employees only when they find value in our product and make progress with us. Why do

Is wagely offering loans?

No. wagely is not a credit solution. There is no underwriting, no hidden fees, no debt created and no interest charged.