Hastee, founded in 2017 in London (United Kingdom) by Carlos Blanco and James Herbert, is an earned-wage access and financial benefits platform that allows workers to receive a portion of their earned pay instantly. The platform integrates with employer payroll systems and supports salaried, shift, and contract workers.
Hastee provides mobile-based access to earnings, promoting financial wellbeing and reducing reliance on high-cost credit. Its services are available through a user-friendly app on both iOS and Android.
What Is Hastee and What Does It Do?
Hastee, founded in 2017 by Carlos Blanco and James Herbert, is a London-based (United Kingdom) online employee benefits platform offering earned-wage access and financial wellbeing tools.
Hastee employs 24 employees. The platform enables workers to instantly access a portion of wages already earned, integrates seamlessly with payroll and attendance systems, and provides solutions for salaried, shift, and gig workers. Hastee aims to improve financial resilience by giving users flexible access to income without relying on loans or credit.
How Much Funding Has Hastee Raised?
1. Series D
- Amount Raised: $269M
- Lead Investors: Umbra Capital Partners, IDC Ventures
- Motivation: To accelerate UK expansion, grow enterprise partnerships, and strengthen financial infrastructure.
2. Seed Round
- Amount Raised: $1.2M
- Lead Investors: Keith Morris, New Model Venture Capital, Fig, and several angel investors
- Motivation: To launch the product and build early payroll integrations.
3. Seed Round
- Amount Raised: $1.7M
- Lead Investors: Leonard Financial Group, Mark Pritchard, William Roseff, and other private investors
- Motivation: To support platform development and initial go-to-market efforts.
Total Funding Raised: $272 Million
Current Valuation: $11.4 Million (as of May 2018)
Latest Funding Date: 2019
Key Investors
1. Umbra Capital Partners
- Details: UK-based investment firm specializing in high-growth businesses and debt capital solutions.
- Investment Focus Areas: Fintech, enterprise services, alternative finance.
- Notable Investments: Hastee, Helping Hands, Digital Risks.
2. IDC Ventures
- Details: Global VC fund investing in transformative digital platforms.
- Investment Focus Areas: Fintech, marketplaces, SaaS.
- Notable Investments: Curve, RecargaPay, Hastee.
3. New Model Venture Capital
- Details: Investor network supporting early-stage startups across the UK.
- Investment Focus Areas: Fintech, SaaS, consumer apps.
- Notable Investments: Hastee, Snoop.
Where Is Hastee’s Headquarters?
Hastee is headquartered in London, United Kingdom, a major European fintech hub that provides access to enterprise clients, regulatory clarity, and world-leading financial talent—ideal for scaling financial-wellness platforms.
What’s Next for Hastee?
Hastee aims to expand its employer partnerships, enhance financial wellbeing tools, and improve integrations with HR and payroll systems. With substantial backing and a growing demand for earned-wage access, the company is positioned to deepen its presence in the UK and explore opportunities across Europe.
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