Indonesia-based fintech startup Wagely raised $23M, led by Capria Ventures, to expand earned wage access services in Indonesia and Bangladesh.

Indonesia-based fintech startup Wagely has raised $23M in a mix of equity and debt funding, led by Capria Ventures. Wagely offers earned wage access (EWA) services, allowing workers in Indonesia and Bangladesh to access their pay after each workday at no cost to employers, who can offer it as an optional benefit. The startup aims to expand its EWA services in Indonesia and Bangladesh with the new funding.

March 04, 2024
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