Company Information

Get to know Wagebox

Wagebox is a UK-based financial technology company founded in 2020 that provides an Earned Wage Access (EWA) solution, also known as Salary on Demand. The company's mission is to improve the financial well-being of employees by giving them flexible access to their earned income. By integrating with an employer's payroll system, the Wagebox platform allows staff to withdraw a percentage of their accrued salary at any point during the pay cycle. This service is offered as an employee benefit to help reduce financial stress, avoid high-cost debt, and improve employee retention and productivity for the employer.

Industry

Financial PaymentPRIMARY
Financial Other Service
Technology Software Development

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Wagebox

United Kingdom

Founded in

2019 (7 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

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Security Information

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.