Wagestream reckons it could destroy from the pay day loan industry вЂ“ nonetheless itвЂ™s maybe maybe not providing that loan or credit of any sort.
Wagestream enables employees to get into their month-to-month wages in real-time.
The start-up offers some names that are big it. It received ВЈ4.5 million in financing last October, with backers including Amazon creator Jeff Bezos and Microsoft billionaire Bill Gates.
It allows visitors to access their wages before payday and thus avoid high priced loans.