Gwala - About the company
Gwala is a seed company based in Stanford (United States), founded in 2022. It operates as a Provider of payroll-linked financial benefit services. Gwala has raised an undisclosed amount in funding from Ingressive Capital. The company has 17 active competitors, including 10 funded and 1 that has exited. Its top competitors include companies like Kashable, Purchasing Power and Immediate Solutions.
Company Details
Provider of payroll-linked financial benefit services. It provides financial health and well-being of employees. It helps businesses increase employee productivity, retain talent, maintain healthy cash flow, and reduce HR workload.
- Website
- gwala.co
- Email ID
- *****@gwala.co
Key Metrics
Founded Year
2022
Location
Stanford, United States
Stage
Seed
Latest Funding Round
Investors
Ranked
10th among 17 active competitors
Employee Count
35 as on Sep 30, 2026
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Gwala's funding and investors
Gwala has raised funding over 1 round. Its latest funding round was a Seed round on Feb 02, 2023 for $*****. 1 investor participated in its latest round. Gwala has 3 institutional investors.
Here is the list of recent funding rounds of Gwala:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 02, 2023 | 6233811 | Seed | 7989998 | 9369512 | 3575884 | 9599249 |
View details of Gwala's funding rounds and investors
Gwala's founders and board of directors
Founder? Claim ProfileGwala's employee count trend
Gwala has 35 employees as of Sep 26. Here is Gwala's employee count trend over the years:
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Gwala's Competitors and alternates
Top competitors of Gwala include Kashable, Purchasing Power and Immediate Solutions. Here is the list of Top 10 competitors of Gwala, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Kashable 2013, New York City (United States), Series C | Provider of employer-sponsored program offering employees access to personal loans | $123M | 70/100 | |
2nd | Purchasing Power 2001, Atlanta (United States), Acquired | E-commerce company that allows customers to finance purchases through payroll deduction. | - | 66/100 | |
3rd | Immediate Solutions 2019, Birmingham (United States), Series B | Online platform offering salary-linked payday loans to employees through employers | $51.4M | 66/100 | |
4th | B9 2018, San Francisco (United States), Seed | Developer of an app-based platform for salary advance loans | $9.3M | 55/100 | |
5th | HoneyBee 2015, San Francisco (United States), Series A | Online platform for earned wages | $5.7M | 47/100 | |
6th | VIVA Finance 2019, Atlanta (United States), Series A | Online platform for salary-linked loans | $8.5M | 44/100 | |
7th | Clockout 2021, Miami (United States), Seed | Provider of earned wage access solutions for financial institutions | $2.02M | 39/100 | |
8th | Pull 2022, San Francisco (United States), Funding Raised | Online marketplace offering salary advance payday loans for individuals | - | 32/100 | |
9th | Pesachoice 2014, Kigali (Rwanda), Seed | Online platform for payday loans | - | 32/100 | |
10th | Gwala 2022, Stanford (United States), Seed | Provider of payroll-linked financial benefit services | - | 26/100 |
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Gwala's Investments and acquisitions
Gwala has made no investments or acquisitions yet.
Reports related to Gwala
Here is the latest report on Gwala's sector:
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