Tel Aviv, April 14 -- Tapcheck, an Israeli fintech startup that offers an on-demand pay platform, announced on Monday that it has raised USD 225 million in combined equity and debt financing. This latest funding includes a USD 25 million Series A extension round led by existing investor, PeakSpan Capital, and a USD 200 million credit facility provided by Victory Park Capital.
Founded in 2019 by entrepreneurial husband-and-wife team Ron and Kayling Gaver, Tapcheck emerged from the duo's vision to address the financial difficulties caused by traditional pay cycles. The company enables workers to access their earned wages seamlessly before payday, easing the paycheck-to-paycheck strain and in turn, improving employee morale, retention, and ...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.