Company Information

Get to know wagetap

Wagetap is a financial wellness platform focused on providing Earned Wage Access (EWA) to Australian workers. The company partners with employers to allow their staff to instantly access a portion of their accrued salary at any time during the pay cycle. The service is designed to be a responsible alternative to high-interest payday loans and overdraft fees, aiming to reduce financial stress and improve the financial well-being of employees. Users can access up to $2,000 of their earned pay through the Wagetap app for a small, fixed transaction fee.

Industry

Financial PaymentPRIMARY
Financial Other Service

Contact

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wagetap

Australia

Founded in

Feb 2020 (6 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Others

--/10

Reviews

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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.

Regulated

Recommended

(77 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

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.