Stream

What is Stream?

Stream (formerly Wagestream) provides fair, inclusive financial tools that empower employees to take control of their financial health. And when employees thrive, the business does too. Companies that partner with Stream see improved employee engagement, boosted retention, and increased productivity.

Globally, three million people now have access to the Stream platform through 2,000 brands - across the U.K., Europe and U.S. - making it the world's most widely-used financial wellbeing provider. Offered through employers, the platform helps members to earn, learn, save, spend and borrow on their own terms, all in one smartphone app.

_{Wagestream Ltd is a B corporation, built with a social charter to provide fair financial service.}

What are the benefits of using Stream?

With Stream businesses and their employees gain:

• Instant Access to Earned Wages:

  Employees can access earned wages anytime, reducing financial stress.

• Flexible Payment Options: Employees can choose between instant transfers for a small fee or free next business day transfers, allowing them to manage cash flow according to their needs

• No Employer Fees: Employers incur no setup, monthly, or transaction fees.

• Seamless Integration: Easily integrates with existing payroll systems, minimizing disruption and ensuring a smooth rollout.

• Financial Wellbeing Tools: Employees gain access to tools that help them manage their finances, including budgeting tools

• Interest-Bearing Savings Accounts: Employees can save while they spend with an FDIC-insured savings account, enhancing their financial security.

• Enhanced Employee Satisfaction: Demonstrate a commitment to employee wellbeing, leading to higher morale and improved retention rates.

• Proactive Support: Provide continuous assistance to both employers and employees, ensuring any questions or issues are promptly addressed.

How does the app work?

Stream provides employees with instant access to their earned wages through a user-friendly app. Employees can view their earned income in real-time and choose to withdraw funds whenever needed. There are two options for accessing wages: instant transfers for a small fee and free next business day transfers, allowing for flexible financial management.

Employers benefit from a seamless integration process, enabling Stream to connect with existing payroll systems. Once integrated, the platform operates without any costs to the employer, ensuring a hassle-free implementation. Employees can also take advantage of budgeting tools and interest-bearing, FDIC-insured savings accounts to enhance their financial wellbeing.

If you are an employer currently using this app and have questions about the integration, please contact your isolved Customer Service Representative.

If you are an employer interested in learning more about this app, please use the Contact Us button above to be connected.