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Branch - About the company

Branch is a series C company based in Minneapolis (United States), founded in 2015 by Atif Siddiqi. It operates as a Provider of an app-based platform for earned wages loans. Branch has raised $138M in funding from Addition and March Capital. The company has 44 active competitors, including 19 funded and 3 that have exited. Its top competitors include companies like DailyPay, Rain and Earnin.

Company Details

Provider of an app-based platform for earned wages loans. It provides employees with a platform that can be used to create a budget can receive on-demand access to a portion of their wages earned, outside of the traditional payroll cycle. It also build their profile, add their skillset and communicate with coworkers. The platform enables users to save, send, and spend money, offering features like zero-fee banking, bill payments, money transfers, and contactless payments.
Social
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Email ID
*****@branchapp.com
Phone Number
+1 **********
Key Metrics
Founded Year
2015
Location
Minneapolis, United States
Stage
Series C
Total Funding
$138M in 6 rounds
Latest Funding Round
Investors
Ranked
Employee Count
255 as on Mar 31, 2026
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Branch's funding and investors

Branch has raised a total funding of $138M over 6 rounds. Its first funding round was on Dec 12, 2016. Branch has 20 institutional investors.

Here is the list of recent funding rounds of Branch:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Apr 16, 2025
4711235
Series C
3012680
6949182
6356134
6247846
Mar 09, 2022
4850953
Series C
6913133
3968507
7147885
Aug 17, 2021
2208311
Conventional Debt
9251270
7983258
6436237
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Branch's founders and board of directors

Founder? Claim Profile
The founders of Branch is Atif Siddiqi. Atif Siddiqi is the CEO of Branch.
Here are the details of Branch's key team members:

Branch's employee count trend

Branch has 255 employees as of Mar 26. Here is Branch's employee count trend over the years:
Employee count trend for Branch
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Branch's Competitors and alternates

Top competitors of Branch include DailyPay, Rain and Earnin. Here is the list of Top 10 competitors of Branch, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for DailyPay
DailyPay
2015, New York City (United States), Series D
Developer of an online platform for employee financial benefits
$264M
76/100
2nd
Logo for Rain
Rain
2002, Venice (United States), Series B
Provider of a platform offering payday loans
$164M
75/100
3rd
Logo for Earnin
Earnin
2012, Palo Alto (United States), Series C
Provider of a platform for accessing earned wages and financial tools
$190M
72/100
4th
Logo for Maven
Maven
2014, New York City (United States), Series F
Virtual care for women and families across every life stage
$425M
72/100
5th
Logo for Ovia Health
Ovia Health
2012, Boston (United States), Acquired
Provider of mobile application for women's and family health
$23.5M
72/100
6th
Logo for PayActiv
PayActiv
2012, San Jose (United States), Series C
Platform providng prepaid corporate cards for employee benefit
$134M
71/100
7th
Logo for Clair
Clair
2019, New York City (United States), Series B
Cloud-based employee benefits platform for on-demand pay
$67.7M
70/100
8th
Logo for Tapcheck
Tapcheck
2011, Tarzana (United States), Series A
Online platform offering employee on-demand pay benefits
$83M
68/100
9th
Logo for Rethink
Rethink
2007, New York City (United States), Series D
Web-based educational and personalized behavior therapy to children and employee benefit solutions
$16.7M
64/100
10th
Logo for ONE
ONE
2014, Sacramento (United States), Acquired
Provider of mobile banking services
$58.5M
61/100
11th
Logo for Branch
Branch
2015, Minneapolis (United States), Series C
Provider of an app-based platform for earned wages loans
$138M
59/100
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Branch's Investments and acquisitions

Branch has made no investments or acquisitions yet.

Reports related to Branch

Here is the latest report on Branch's sector:

News related to Branch

lockFilter this list
Media has covered Branch for a total of 4 events in the last 1 year, 2 of them have been about partnerships and 1 about company updates.
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FAQs about Branch

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