Insights

A help out, not a hand out

Business leaders across various sectors are seeing the need and benefits of financially supporting their employees during these turbulent economic times and find that Paywatch is a great way to help relieve the burden of financial emergencies.

EWA startup Paywatch Raises USD 9 million in Funding to Supercharge Growth Across SEA

Earned Wage Access (EWA) service provider Paywatch has raised USD 9 million in a Pre-Series A funding round led by returning investor Third Prime, with participation from Hana Ventures (the venture arm of Hana Financial Group in Korea), Parkwood Corp. and notably, the endowments of Vanderbilt University and University of Illinois Foundation.

Paywatch becomes the first EWA solution to receive approval in key markets

Paywatch receives electronic financial business license in South Korea, while its EWA solution in partnership with Hong Leong Bank will be rolled out in Malaysia soon

What we learnt from serving the unbanked in Southeast Asia

Southeast Asia, with its 680 million population is often considered the next big region for fintech innovation for its explosive growth and favourable demographics. Yet, more than half of the region’s population remains unbanked with no access to financial products.

Ibrahim Sani’s Notepad: Safeguarding Low-income Employees from Predatory Money Lenders

Join Richard Kim, CEO and co-founder of earned-wage-access (EWA) provider Paywatch to discuss how Malaysian employers can safeguard their low-income employees from predatory money lenders with host, Ibrahim Sani.

5 side hustles to try and earn that extra ringgit. 

Do you find yourself in situations of coming off just a tad short of a few ringgits for the things you’ve been eyeing for months?  You even try and wait for a discount, but you still struggle to afford it. Fear not, the digitalised world is a place full of opportunities, especially for those looking to earn extra cash without pouring hours into a job. 

5 steps to live a more financially stable life

Ever wondered how a life would be like to have your needs covered with some excess money to spare? Well, there is no need to look any further than yourself. Financial stability is a proven way to bring you and your family to a future that is worth working hard for. 

Rising above the competition in the EWA landscape

This is a golden opportunity to create a solution that bridges the cash flow gaps between paydays, adding financial benefits to an underserved market.

Re-Thinking Payday Should Be An Employee Wellness Priority For Malaysian Businesses

When you think of employee wellness, what initially comes to mind? Perhaps some physical wellbeing programmes, or various benefits that target emotional health and social activities. Since the onset of the Covid-19 pandemic, we would probably all identify mental health as a key priority, too – but what about financial health?

Earned wage access solutions simplify financial access for employees

Earned wage access (EWA) service providers are becoming increasingly in demand globally thanks to the new working lifestyles most workers are demanding today.

Paywatch raises USD 5.25 million in seed funding

Paywatch, an earned wage access (EWA) service provider based in Malaysia and South Korea, has raised MYR21.9 million ($5.25 million) in a seed funding round led by US venture capital firm Third Prime and prominent family offices in Singapore and Hong Kong.

Paywatch raises RM21.9mil in seed funding to support growth

Paywatch Global Pte Ltd, an earned wage access (EWA) service provider, has raised RM21.9 million in a seed funding round led by US venture capital firm Third Prime and prominent family offices in Singapore and Hong Kong.

Paywatch raises USD 5.25 million in seed funding round to disrupt the monthly payroll system

Earned wage access (EWA) service provider Paywatch has raised USD 5.25 in a seed funding round led by US venture capital firm Third Prime and prominent family offices in Singapore and Hong Kong.

Choi Si-won invests in Paywatch

Choi Si-won, a South Korean singer-turned-actor from boy band Super Junior, has invested in Paywatch, joining increasing number of celebrities in the country to break into tech investing.

Hong Kong media highlights Paywatch

Pertama Digital announces four product partners for its digital bank

Pertama Digital partners Paywatch in digital bank license application

Among four product partners joining Pertama Digital application for digital banking licence from Bank Negara Malaysia.

Paywatch winner in HLB Launchpad 2020

Among three digital solutions selected to help Malaysians thrive in the new normal

Hong Leong Bank chooses three startups to work on pilot projects

Paywatch among solutions selected to address food security, gig economy and e-waste management

Paywatch selected to improve financial health among gig workers

Paywatch, Versa, GetHyred showcase solutions to aid gig workers

Paywatch wins Financial Innovation Challenge organised by UNCDF

Among three winners selected to improve the financial health of gig economy workers in Malaysia

Paywatch wins Financial Innovation Challenge organised by BNM

Among three winners selected to improve the financial health of gig economy workers in Malaysia