If you’ve never been a delivery driver, gig worker or independent contractor, the idea of instant payments might not hit your radar, but waiting for cash has a huge impact on workers where the pay is inherently unpredictable. As the labor crunch persists, restaurants, retailers and some delivery providers are using new services to speed …
Continue reading “Branch Helps Restaurants, Delivery Fleets Adopt ‘Streaming’ Pay”
Branch, a workforce payments platform that allows restaurants to go cashless and enable instant digital tips, raised $75 million through a Series C to extend its momentum in trucking, logistics, last-mile delivery in restaurants, while also expanding into the construction, hospitality and fitness industries. The Minneapolis-based company’s funding round was led by Addition, with participation …
Continue reading “Branch Closes $75M Series C, Launches New Payment Tools”
LAS VEGAS–(BUSINESS WIRE)–On stage at Money 20/20, Marqeta (NASDAQ: MQ), the global modern card issuing platform, today announced it is partnering with Branch, a leading workforce payments platform, and Uber Freight to bring fast, reliable payments and carrier-first financial services to the logistics and transportation industries. “Uber Freight is not only offering carriers greater customization and visibility in the load …
