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FlexWage

From EverybodyWiki Bios & Wiki


FlexWage
Formerly
FlexWage Solutions
ISIN🆔
Industry
Founded 📆2009; 15 years ago (2009)
Founder 👔
  • Frank Dombroski (CEO)
  • John Lockhart
Headquarters 🏙️Mountainside, New Jersey, USA
Area served 🗺️
ServicesEarned wage access
Members
Number of employees
🌐 Websitewww.flexwage.com
📇 Address
📞 telephone

FlexWage (formerly FlexWage Solutions) is a Mountainside, New Jersey-based company that provides financial services including earned wage access.[1] Its primary product is WageBank, which gives employees access to their earned wages prior to their next payday via a debit card.[2][3][4][5] The WageBank product is considered an alternative to payday loans.[6][7]

History[edit]

FlexWage was founded by Frank Dombroski and John Lockhart in 2009.[8] The company acquired Louisville, Kentucky-based financial technology company Sum180 in 2019.[9]

References[edit]

  1. "FlexWage Solutions - Mountainside, NJ". Inc.com. Retrieved 2014-04-08.
  2. "NJ Business Magazine". 2011-12-06. Archived from the original on 2011-12-06. Retrieved 2021-04-07.
  3. "Persuading Small Employers to Advance Wages". Businessweek. 2011-07-19. Archived from the original on July 22, 2011. Retrieved 2014-04-08. Unknown parameter |url-status= ignored (help)
  4. "Cash from the Boss to Replace Payday Loans". Businessweek. 2011-10-20. Archived from the original on October 22, 2011. Retrieved 2014-04-08. Unknown parameter |url-status= ignored (help)
  5. [1][dead link]
  6. "With Payday Loans under Scrutiny, Startup FlexWage Offers Alternatives". American Banker Article. 2012-06-01. Retrieved 2014-04-08.
  7. Wisniewski, Mary (14 August 2014). "Can Reengineering the Pay Cycle Disrupt Payday Lending?". American Banker. Retrieved 20 November 2015.
  8. "Top Financial Services Companies on the Inc. 5000". Inc.com. Retrieved 2014-04-08.
  9. "Louisville-based Sum180 acquired by FlexWage Solutions - Lane Report | Kentucky Business & Economic News". Retrieved 2021-04-07.



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