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Tapcheck Secures $20M Series A Financing

LOS ANGELES, CA, Tapcheck, an employee financial wellness and earned wage access platform, today announced a $20 million Series A led by PeakSpan Capital.
Hundreds of employers offer Tapcheck to their hourly employees, including the likes of McDonald's, Jack in the Box, Home Instead and more. The company will use the funding to further its mission to improve business performance by empowering employees with financial wellness.

Tapcheck is a financial wellness benefit company that works with companies to help workers access their earnings before payday. Available at no cost to employers, Tapcheck uses an intuitive mobile app to give workers greater control over their finances, which reduces their stress at home and increases their productivity at work. And thanks to Tapcheck's seamless integration with existing payroll programs, employers who incorporate on-demand earnings into their employee benefits packages find it to be a cost-effective way to distinguish their company from competitors, reduce turnover rates, and provide the financial flexibility that employees want.
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