# Wagely

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/wagely

- Industry: Financial Services
- Headquarters: Jakarta, Indonesia
- Website: www.wagely.app
- Total disclosed funding: $5.4M
- Latest round: Seed (Oct 18, 2021)
- Investors on record: 9

## About

Based in Jakarta, Indonesia, and founded in 2020, PT Gaji Pintar Indonesia operates as Wagely, a developer of a financial wellness platform that allows workers to withdraw their earnings in real-time and provides an alternative to predatory loans. The company was co-founded by Kevin Hausburg, Sasanadi Ruka, and Tobias Fischer. In March 2024, PT Gaji Pintar Indonesia, Wagely Bangladesh Limited raised venture debt funding from investors. 

Wagely partners with employers and offers its platform to their employees as an employee benefit, employees can access their earned but unpaid wages via the Wagely app. The platform provides solutions for all employees in breaking the cycle of debt caused by overdraft fees, high-interest credit, or payday loans. It also supports on-site implementation and training.

The company intends to use the March 2024 funding to expand its earned wage access services in Indonesia and Bangladesh.

## Funding rounds

- Seed, Oct 18, 2021, $5.4M — Rocket Internet SE, Global Founders Capital, Integra Partners, Central Capital Ventura, ADB Ventures, Triputra Group, 1982 Ventures, Blauwpark Partners, Trihill Capital

## Investors

- Rocket Internet SE (https://capitalatlas.ai/funds/rocket-internet-se) — Seed
- Global Founders Capital (https://capitalatlas.ai/funds/global-founders-capital) — Seed
- Integra Partners (https://capitalatlas.ai/funds/integra-partners) — Seed
- Central Capital Ventura (https://capitalatlas.ai/funds/central-capital-ventura) — Seed
- ADB Ventures (https://capitalatlas.ai/funds/adb-ventures) — Seed
- Triputra Group — Seed
- 1982 Ventures (https://capitalatlas.ai/funds/1982-ventures) — Seed
- Blauwpark Partners (https://capitalatlas.ai/funds/blauwpark-partners) — Seed
- Trihill Capital — Seed