Wakalu logo — Provider of Earned Wage Access. Using technology to make any...

Wakalu

Provider of Earned Wage Access. Using technology to make any day a payday.

Founded 2021 Malaysia Malaysia 2 employees Grant Financial Services

General Information

Company Name Wakalu
Founded Year 2021
Location Malaysia Malaysia
Employees 2
Industries Financial Services
Funding Stage Grant
Social

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About Wakalu

Wakalu is revolutionizing the Financial Services industry with its innovative approach to providing Earned Wage Access. Founded in 2021 and headquartered in Malaysia, the company's slogan, "Provider of Earned Wage Access. Using technology to make any day a payday," encapsulates its mission. By collaborating with companies operating on traditional payroll cycles, Wakalu enables employees to access their earned but unpaid salary daily. This model empowers staff to navigate financial challenges and emergencies without resorting to high-interest credit or seeking aid from friends or family. The Grant investment secured on 07 April 2022, with participation from B Capital Group, G-P, and ADP, signifies a major milestone for the company. Not only does Wakalu align with employers committed to United Nations Sustainable Development Goals, but it also contributes to reducing turnover, enhancing workplace productivity, and alleviating financial distress among workers.

Business keywords: Earned Wage Access, Financial Wellness, Payroll Solutions, Employee Benefits, Financial Inclusion, Workplace Productivity, Financial Distress, Emergency Financial Support, Technology, Caring Employers, UN Sustainable Development Goals

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Grant Undisclosed 3
B Capital Group, G-P +1
07 Apr 2022

Wakalu Alternatives & Competitors

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Wakalu vs
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Wakalu vs
Payactiv
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WageNow
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FAQ About Wakalu

Provider of Earned Wage Access. Using technology to make any day a payday.
Wakalu was founded in 2021.
Wakalu is headquartered in Malaysia.
Wakalu operates in Financial Services. Its work centres on Earned Wage Access, Financial Wellness, Payroll Solutions and Employee Benefits.
Wakalu has approximately 2 employees.
Wakalu has completed 1 funding round. The latest funding stage is Grant.
Top alternatives and competitors to Wakalu include Tapcheck, Payactiv, WageNow, Level Finance, Salary Hero. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Wakalu and Tapcheck are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Wakalu, https://bouncewatch.com/company/wakalu, updated 26 December 2024. When citing, please name BounceWatch and link this page.

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