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Overview
SteadyPay exists to improve the financial wellness of all gig economy workers.
Our service enables gig economy workers to enjoy consistent income even when they work inconsistent hours (due to such factors as reduced shifts, fewer bookings, time of sick and holidays). Using the SteadyPay mobile app, customers securely link to their bank, we then work out the customer's average income and monitor for when income drops below that average. When this happens we provide a top-up, advancing money to the customer's bank to bring their income back up to average. No interest is charged on the top-up; we are a subscription credit service. By smoothing out income we enable gig economy workers to budget with confidence for everyday essentials, and in turn reduce the need to turn to high-cost credit solutions that trigger debt spirals.
About
Information Technology, Software, Financial Services, FinTech, Lending, Apps, Consumer Lending, Credit, Employee Benefits
2017
11-50
Headquarters locations
Europe
Social
N/A
Profile Resume
SteadyPay headquartered in Europe, operates in the Information Technology, Software, Financial Services, FinTech, Lending, Apps, Consumer Lending, Credit, Employee Benefits sector. The company focuses on Information Technology and has secured $1.4B in funding across 108 round(s). With a team of 11-50 employees, SteadyPay is actively contributing to advancements in Information Technology. Their latest funding round, Venture Round - SteadyPay, raised $3.0M. Discover more about their projects, partnerships, and impact on our platform.
Funding Rounds
3
3
0
$13.4M
Details
2
SteadyPay has raised a total of $13.4M in funding over 2 rounds.
Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
---|---|---|---|---|
2020 | Seed | 3.8M | ||
2022 | Early Stage Venture | 6.6M |
Investors
SteadyPay is funded by 19 investors.
Investor Name | Lead Investor | Funding Round | Partners |
---|---|---|---|
N1 investment fund | - | FUNDING ROUND - N1 investment fund | 3.0M |
Future Fund | - | FUNDING ROUND - Future Fund | 3.0M |
SteadyPay | - | FUNDING ROUND - SteadyPay | 3.0M |
Ascension | - | FUNDING ROUND - Ascension | 3.0M |
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