Asset Manager

Updated:

Wagestream

Stream empowers employees with easy access to their earnings, financial tools, and savings. Reduce financial stress, boost productivity and job satisfaction

Wagestream

Stream empowers employees with easy access to their earnings, financial tools, and savings. Reduce financial stress, boost productivity and job satisfaction

General information

Firm type

Asset Manager

Sector focus

FinTech

Frequently asked questions

How does Wagestream distribute its financial products?

Wagestream distributes exclusively through employer partnerships, integrating its platform with the employer's payroll, HR, and time-and-attendance systems. Workers access the full suite of tools — earned-wage access, savings, budgeting, and coaching — via a single smartphone app provided as an employee benefit.

What is the savings rate offered through the Wagestream platform?

The platform offers a savings account yielding 5.13% APY, as stated on Wagestream's website. The account is paired with tax optimization features and access to a personalized financial coach available 24/7.

What measurable outcomes does Wagestream report for employers?

Wagestream claims clients see a 22% reduction in employee turnover and a 21% increase in shift fill rates, per its website. The firm also reports that 90% of members say their finances have improved since using Stream, and 76% feel more in control of their financial goals.

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