Paywatch

About

Paywatch is a payment platform that gives employees early access to their earnings.

Kuala Lumpur,Kuala Lumpur,Malaysia
11 - 50
https://www.paywatchglobal.com

Highlights

Details

Last Funding Type: Seed
Last Funding Money Raised: $9M
Industries: Finance,Financial Services,Payments,Software
Founded date: Jan 1, 2017
Number Of Employee: 11 - 50
Operating Status: Active
Legal Name: Paywatch Global Pte. Ltd.
Also Known As: Paywatch Global

Paywatch develops a platform that gives employees early access to their earnings before payday anytime. Paywatch partners with major banks that provide low-cost financing to employees who would like to access their earnings instantly. When employees withdraw their earnings before payday, the bank partner provides the financing based on how much work they've completed to date.

Paywatch helps employees get banked, start getting credit the right way, and find financial security.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

2

$9M RM21.90M

Paywatch has raised a total of $9M RM21.90M in funding over 2 rounds. Their latest funding was raised on Dec 6, 2022 from a Seed round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Dec 6, 2022	Seed	$9M	5	Third Prime	—	Detail
Jan 12, 2022	Seed	RM21.90M	3	Third Prime	—	Detail

Investors

Number of Lead Investors

Number of Investors

2

7

Paywatch is funded by 7 investors. Third Prime and Hana Ventures are the most recent investors.

Investor Name	Lead Investor	Funding Round
Third Prime	Yes	Seed
Hana Ventures	—	Seed
Parkwood	—	Seed
University of Illinois Foundation	—	Seed
Vanderbilt University	—	Seed
CTK Investments	—	Seed
Won & Partners	—	Seed