Branch is a mobile-first technology that provides schedule and financial flexibility for hourly employees across the Fortune 1000 and more.
Branch is the only mobile-first technology that offers the best mobile financial wellness and benefits package.
Branch was founded in 2015 by Atif Siddiq. The company is headquartered in Minneapolis, Minnesota.
Branch’s offerings include instant, digital payouts of tips, wages, off-cycle and contractor payments; earned wage access; fee-free banking and an “accessible” paycard alternative.
Branch is rolling out expense management cards with large enterprise customers, including trucking and logistics companies. Fleet operators can now provide cards to their drivers along with granular-level expense controls to track spend on frequent business purchases, such as fuel.
Branch recently inked an agreement with Kelly, a global staffing firm. Other customers include Delivery Drivers, Inc. (DDI), an independent contractor management solution specializing in last-mile delivery, and HR and IT management platform Rippling.
Branch is backed by Addition, General Atlantic, Drive Capital, Crosscut Ventures, Bonfire Ventures, Indeed, Matchstick Ventures, HR Tech Investments, and others. The company raised $75M in Series C round on Mar 09, 2022. This brings Branch's total funding to $133.4M to date.