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Paywatch provides earned wage access and financial services through employer partnerships.
Founded in 2018, Paywatch provides employee wage access and connects workers with financial services, while enabling employers to offer instant pay. Based in Seoul, South Korea, the company raised KRW 20 billion in Series A funding in June 2024, led by existing investors Third Prime Capital and the University of Illinois Endowment, with participation from Octagon Venture Partners and Wooshin Venture Capital. Brothers Richard Kim and Alex Kim founded the company.
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