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 45 active competitors, including 19 funded and 2 that have exited. Its top competitors include companies like Earnin, DailyPay and Rain.
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.
- Website
- branchapp.com
- 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
Ranked
11th among 45 active competitors
Employee Count
258 as on May 31, 2026
Legal entities associated with Branch
Branch is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
BRANCH MESSENGER, INC. CIN: 5620542 , United States, Active | - | 177 (As on Dec 31, 2023) | - | |
PUEBLO COLAB LLC CIN: 5620542 , United States, Active | Sep 13, 2019 | - | - | - |
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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:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 16, 2025 | 2346614 | Series C | 6819158 | 1488648 | 1629060 | 3351803 |
Mar 09, 2022 | 3446097 | Series C | 6100367 | 1607022 | 6560747 | |
Aug 17, 2021 | 1287414 | Conventional Debt | 5211128 | 7995712 | 5758237 |
View details of Branch's funding rounds and investors
Branch's founders and board of directors
Founder? Claim ProfileThe founders of Branch is Atif Siddiqi. Atif Siddiqi is the CEO of Branch.
Here are the details of Branch's key team members:
- Atif Siddiqi: Founder & CEO of Branch. Contact Info: 1 email address
View details of Branch's Founder profiles and Board Members
Branch's employee count trend
Branch has 258 employees as of May 26. Here is Branch's employee count trend over the years:
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Branch's Competitors and alternates
Top competitors of Branch include Earnin, DailyPay and Rain. Here is the list of Top 10 competitors of Branch, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Earnin 2012, Palo Alto (United States), Series C | Provider of a platform for accessing earned wages and financial tools | $190M | 76/100 | |
2nd | DailyPay 2015, New York City (United States), Series D | Developer of an online platform for employee financial benefits | $264M | 75/100 | |
3rd | Rain 2002, Venice (United States), Series B | Provider of a platform offering payday loans | $164M | 74/100 | |
4th | Ovia Health 2012, Boston (United States), Acquired | Provider of mobile application for women's and family health | $23.5M | 72/100 | |
5th | Maven 2014, New York City (United States), Series F | Virtual care for women and families across every life stage | $425M | 72/100 | |
6th | PayActiv 2012, San Jose (United States), Series C | Platform providng prepaid corporate cards for employee benefit | $134M | 71/100 | |
7th | Clair 2019, New York City (United States), Series B | Cloud-based employee benefits platform for on-demand pay | $67.7M | 70/100 | |
8th | Tapcheck 2011, Tarzana (United States), Series A | Online platform offering employee on-demand pay benefits | $83M | 67/100 | |
9th | Rethink 2007, New York City (United States), Series D | Web-based educational and personalized behavior therapy to children and employee benefit solutions | $16.7M | 65/100 | |
10th | Cleo 2016, San Francisco (United States), Series C | Provider of an online family benefit management platform for employees and their families | $86.9M | 61/100 | |
11th | Branch 2015, Minneapolis (United States), Series C | Provider of an app-based platform for earned wages loans | $138M | 58/100 |
Looking for more details on Branch's competitors? Click here to see the top ones
Branch's Investments and acquisitions
Branch has made no investments or acquisitions yet.
News related to Branch
Media has covered Branch for a total of 2 events in the last 1 year, 1 of them has been about company updates and 1 about partnerships.
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Lead Bank Partners With Branch to Enhance Workforce Payments PlatformThe Fintech Times•Jul 22, 2025•Lead Bank, Branch
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Walmart misled delivery drivers on earnings access, lawsuit claimsSupply Chain Dive•Jan 07, 2025•Branch, Walmart
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Walmart forced delivery workers to pay fees to access their earnings, federal agency allegesGrocery Dive•Jan 02, 2025•Walmart, Branch
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CFPB sues Walmart, Branch Messenger for illegally opening deposit accountsShareandstocks•Dec 24, 2024•Consumer Financial Protection Bureau, Walmart, Branch
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Walmart, fintech Branch sued for allegedly 'taking advantage' of over 1M delivery driversSeeking Alpha•Dec 23, 2024•Walmart, Branch
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