Branch operates as a business payment acceleration company. It offers digital payouts of tips, wages, and off-cycle payments, earned wage access, fee-free banking, and pay card alternatives. The company was founded in 2015 and is based in Golden Valley, Minnesota.
ESPs containing Branch
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The payroll software market offers a range of solutions for businesses to manage their payroll, HR, and employee benefits. These solutions aim to simplify the complex task of paying employees while ensuring compliance with tax laws and regulations. The market includes vendors that offer all-in-one HR platforms, earned wage access technology, unified payroll solutions for global companies, and APIs…
Branch's Products & Differentiators
Digital Tips & Mileage / Off-Cycle Payments
Instantly send digital tips, mileage reimbursements, bonuses, off-cycle payments, or other one-off payments to workers after each shift.
Research containing Branch
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Branch in 3 CB Insights research briefs, most recently on Feb 9, 2023.
Expert Collections containing Branch
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Branch is included in 6 Expert Collections, including HR Tech.
The HR tech collection includes software vendors that enable companies to develop, hire, manage, and pay their workforces. Focus areas include benefits, compensation, engagement, EORs & PEOs, HRIS & HRMS, learning & development, payroll, talent acquisition, and talent management.
Store tech (In-store retail tech)
Companies that make tech solutions to enable brick-and-mortar retail store operations.
Companies and startups in this collection provide banking services to consumers and businesses, as well as enhance, automate, and/or digitize operations for banks and financial institutions.
This collection contains companies that provide alternative means for obtaining a loan for personal or business use and companies that provide software to lenders for the application, underwriting, funding or loan collection process.
Track startups and capture company information and workflow.
Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.
Latest Branch News
Jul 28, 2023
0 Summer is the peak travel season for Americans, but this year many are unable to cross borders due to a massive passport processing backlog that is likely to drag on into the winter months. . NBC 5 Responds first reported the huge backlog last April and since then there has been progress. The US State Department’s Consular Affairs Division has been working through the backlog and a spokesperson said demand had fallen slightly but remained a concern through the end of the year. Evelyn Branch of North Austin knows this firsthand. Branch said she loves to travel and is always counting down the days until her next vacation, including this fall. “We were going to go to the Canary Islands,” Branch said. A visit to the Canary Islands was part of his next trip to Spain. But sadly, Evelyn said a delay in renewing her passport caused her to miss the booking deadline, through no fault of her own. “I was pissed. I really was,” Branch said. “I was so looking forward to this trip.” Branch said she applied for a passport renewal in April, anticipating she would have it back by June 15.ethe last day she could book her trip. When she learned about the backlog, she said she called the State Department, eventually getting in touch with an employee who told her he would help expedite the renewal. “We can speed it up, but it’ll cost you an extra $60,” Branch said. “And if you want it back a day or two later, you have to pay another $20. So I did this. But even after paying the expedited renewal fee, the passport did not arrive in time. “I was happy, I knew it was coming,” Branch said. “But he didn’t come.” The State Department said it receives 400,000 new requests each week, up from 500,000 requests the agency received last April. Those numbers make it difficult to track demand, said Andres Rodriguez of the Office of Passport Services. “Processing times are longer now, and we’re doing our best to let the American public know that you should gauge your expectations and apply as soon as possible,” Rodriguez said. Currently, State Department officials say it can take up to 13 weeks to receive a passport. And if you speed it up, it can take up to nine weeks. The State Department said if you need a new one, the best advice is to apply as soon as possible. Understand that wait times are longer than usual and will likely remain so until the end of the year. If you have travel within 14 days and are still waiting for a passport, the State Department says the only option is to get an appointment at one of their offices, although these appointments may be difficult to obtain and you may need to plan to travel. out of town for one. With the backlog, travel experts are advising consumers not to book plane tickets or hotels without having an up-to-date passport in hand. The State Department also said it would refund any fees paid for expedited processing if the agency fails to meet its end of the bargain. (To learn more about the refund request process, click here) In Branch’s case, she said she was never charged the fee because she did not receive her passport in time. Branch said she shares her experience in hopes of preventing others from missing out on the trip of a lifetime. “I would definitely tell you to just check your passport and renew it as soon as possible,” she said. “I don’t care what day you travel. Renew as soon as possible. Because you never know how it will turn out when you submit your application. Do you have a consumer complaint? Call 1-844-NBC-RESP or click here to let us know so we can help you. NBC Chicago Not all news on the site expresses the point of view of the site, but we transmit this news automatically and translate it through programmatic technology on the site and not from a human editor.
Branch Frequently Asked Questions (FAQ)
When was Branch founded?
Branch was founded in 2015.
Where is Branch's headquarters?
Branch's headquarters is located at 8014 Olson Memorial Highway 55, Golden Valley.
What is Branch's latest funding round?
Branch's latest funding round is Series C.
How much did Branch raise?
Branch raised a total of $633.41M.
Who are the investors of Branch?
Investors of Branch include CrossCut Ventures, Addition, Drive Capital, Indeed, General Atlantic and 10 more.
Who are Branch's competitors?
Competitors of Branch include ZayZoon, Instant Financial, Clair, Tapcheck, SteadyPay and 7 more.
What products does Branch offer?
Branch's products include Digital Tips & Mileage / Off-Cycle Payments and 4 more.
Who are Branch's customers?
Customers of Branch include Taco Bell (Border Foods), Supercuts, Cost Cutters (HRAH), Pizza Hut (Hot Pizzas) and Tagger.
Compare Branch to Competitors
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EarnIn operates as a financial technology company. It provides a platform that lets customers get paid for their working hours, without charging any interest on the payments that clients receive. The company was formerly as ActiveHours. It was founded in 2012 and is based in Palo Alto, California.
DailyPay provides a payroll management platform. It offers services to employees for paying bills on time and avoiding late fees, helping them reach financial goals. The company allows employees access to manage wages across a wide range of industries, including cleaning, healthcare, retail, transportation, and more. It was formally known as Beach HoldCo. It was founded in 2015 and is based in New York, New York.
Immediate is a financial wellness company. It provides financial wellness solutions that helps businesses to recruit, engage, and retain employees. It allows mployees to utilize their existing time through a time tracking management software that updates worked and wages earned and allows them to transfer those earnings to a bank account or loadable debit card. The company was founded in 2019 and is based in Birmingham, Alabama.
Wagestream operates as an employee financial wellness platform. It allows workers to access earned income at any time during the monthly pay cycle without impacting cash flow, payroll, or timekeeping processes. It was formerly known as Paydays Technology. The company was founded in 2018 and is based in London, United Kingdom.
Wollit is a financial technology company that focuses on credit building. The company offers a credit building plan that allows customers to make monthly payments, which are reported to credit agencies as loan repayments, thereby helping to build a positive credit history. Wollit primarily serves individuals seeking to improve their credit scores. It was founded in 2016 and is based in London, England.