Minneapolis Minnesota based Branch is raising $25,000,000.00 in New Equity Investment.
Minneapolis, MN – According to filings with the U.S. Securities and Exchange Commission, Branch is raising $25,000,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Joshua Mcmanus played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Branch
Branch helps businesses accelerate payments to empower working Americans. Businesses turn to Branch for a more cost-effective, faster way to pay workers and reduce the costs of paper checks and paycards. Workers and independent contractors that sign up with Branch can receive a zero-fee bank account, free instant access to earned wages, and auto-budgeting tools to help them manage their cash flow between paychecks. Branch partners with some of the nations leading payroll and workforce technologies to support employers in retail, restaurant, logistics, manufacturing, and healthcare. Branch has partnered with some of the nations largest employers and are adding new employers daily in retail, restaurant, logistics, manufacturing, and healthcare.
To learn more about Branch, visit http://www.branchapp.com/
Contact:
Joshua Mcmanus, Chief Executive Officer
800-219-7212
joshua@branchapp.com
https://www.linkedin.com/in/magnusmcmanus/
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