Peter Briffett, Wagestream: improving financial wellbeing for frontline workers 💜🤑
Peter Briffett is the Co-Founder and CEO of Wagestream.
After coming across an article about predatory finance, Peter started to explore the financial support offered to low income workers and he was shocked by the lack of fair financial services available. The common practice being pay day loan companies targeting people in need with ridiculous repayment terms.
So Peter co-founded Wagestream with a vision of providing fair financial services to frontline workers, starting with flexible pay, where workers could stream their earned wages in real-time. Fast forward to today and Wagestream works with 500+ employers to help over 3 million workers to have full visibility of their pay, stream earned wages, set up automated savings and get access to financial coaching.
Peter chats to me about financial wellbeing and the struggles frontline workers face, how Wagestream are solving that problem, scaling a social impact business and much more.
Highlights:
After coming across an article about predatory finance, Peter started to explore the financial support offered to low income workers and he was shocked by the lack of fair financial services available. The common practice being pay day loan companies targeting people in need with ridiculous repayment terms.
So Peter co-founded Wagestream with a vision of providing fair financial services to frontline workers, starting with flexible pay, where workers could stream their earned wages in real-time. Fast forward to today and Wagestream works with 500+ employers to help over 3 million workers to have full visibility of their pay, stream earned wages, set up automated savings and get access to financial coaching.
Peter chats to me about financial wellbeing and the struggles frontline workers face, how Wagestream are solving that problem, scaling a social impact business and much more.
Highlights:
- 02.01: Peter’s journey into financial wellbeing
- 07.30: What is financial wellbeing?
- 09.05: The financial difficulties affecting frontline workers
- 15.21: The employer’s role in people’s financial wellbeing
- 19.11: Wagestream services and how they’re helping frontline workers
- 22.53: Early stage challenges in launching the business
- 32.16: Wagetsream’s social charter
- 38.03: The future of Wagestream
- 43.05: The importance of a clear mission from day one
Our Host:
Craig Turner. Founder of Confido Talent, a business that helps Tech For Good startups to scale their product, design and engineering teams.
https://www.linkedin.com/in/craigturner7/ / www.confidotalent.com / craig@confidotalent.com
Our Guest:
Peter Briffett, Co-Founder and CEO of Wagestream.
https://www.linkedin.com/in/peterbriffett / https://wagestream.com/
Our Sponsor:
Jobs For Good. The only job platform to find the best jobs in sustainability, impact and much more.
www.jobsforgood.io / https://bit.ly/3wjwJa0
Our Producer:
Jabriel Al-Suhaimi. Jabriel is a podcast aficionado, editing and producing podcasts for many, including himself.
https://www.jabrielalsuhaimi.com/ / https://twitter.com/jabealsuhaimi
Craig Turner. Founder of Confido Talent, a business that helps Tech For Good startups to scale their product, design and engineering teams.
https://www.linkedin.com/in/craigturner7/ / www.confidotalent.com / craig@confidotalent.com
Our Guest:
Peter Briffett, Co-Founder and CEO of Wagestream.
https://www.linkedin.com/in/peterbriffett / https://wagestream.com/
Our Sponsor:
Jobs For Good. The only job platform to find the best jobs in sustainability, impact and much more.
www.jobsforgood.io / https://bit.ly/3wjwJa0
Our Producer:
Jabriel Al-Suhaimi. Jabriel is a podcast aficionado, editing and producing podcasts for many, including himself.
https://www.jabrielalsuhaimi.com/ / https://twitter.com/jabealsuhaimi