“Branch has had a significant impact in the market, providing workers access to instant payments at no cost. For people working in the gig economy looking for income stability and security, Branch has brought needed financial services to an underserved market."
Marqeta
Company Background
Marqeta is the modern card issuing platform empowering builders to bring the most innovative products to the world.
How it works/Specific feature
Branch works with card issuer and processor Marqeta to:
- Issue physical and virtual cards for pay advances, digital tips/disbursements, reimbursements, full paychecks, and other payments for free
- Disburse pay advances to workers at no cost
- Power the Branch Wallet in real-time
“Branch’s unique new Employer Payments Platform should be a gamechanger for both gig economy platforms and workers, and we’re excited that they’ve chosen to build it on modern card issuing technology.”
What makes Branch a strong partner for 1099 platforms
Branch and Marqeta have teamed up to build an industry-leading digital wallet and banking platform for gig economy workers. Marqeta works with pioneering brands at the cutting-edge of the on-demand economy, such as DoorDash, Instacart, Uber. Branch has developed award-winning financial services that cater to the needs of the hourly workforce and other workers living paycheck to paycheck.
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