Branch, a provider of workforce financial infrastructure, has integrated with Stripe to become an embedded digital wallet provider for worker payouts, enabling companies to offer customizable digital wallets and branded debit cards through Stripe Issuing.
This integration provides companies with a streamlined method to launch a branded digital wallet and debit card experience, facilitating instant access to funds for various workers including drivers, contractors, marketplace sellers, and frontline teams. The digital wallet solutions from Branch are designed to help workers access earnings instantly and provide financial tools and rewards.
Atif Siddiqi, founder and CEO of Branch, stated, “Stripe has built one of the most powerful ecosystems for platforms and marketplaces, and its decision to integrate Branch into Stripe Connect underscores the rising demand for digital wallets and flexible payout options. As the embedded wallet option within Stripe Connect, Branch enables businesses to elevate their payout experiences seamlessly while delivering meaningful value to workers.”The worker-focused digital wallet automates instant payouts and includes fee-free banking options and cash-back rewards. This branded offering aims to enhance company engagement and retention without increasing support costs. Integrated into Stripe Connect’s infrastructure, the Branch-powered digital wallet requires minimal API integration and no pre-funding, with Stripe Connect managing the flow of funds.
Sateesh Srinivasan, Product and Business Lead for Money Management at Stripe, commented, “This integration allows platforms to manage complex payouts through Branch’s digital wallet while providing workers with branded cards powered by Stripe Issuing. Platforms can give contractors faster access to their earnings while simplifying how payouts and spending are managed in one system.”Branch’s position as a digital wallet provider for scaling enterprises is strengthened by this integration, offering flexible, cost-efficient solutions for managing financial flows between companies and their workforces. Branch specializes in workforce financial infrastructure, assisting businesses and platforms in managing worker payments and related operational processes. Its technology integrates into existing systems to power the movement of earnings, including wages, tips, reimbursements, and other payouts, for employees and independent contractors. Branch also provides tools for operational workflows, streamlining processes, reducing manual tasks, and supporting administrative and compliance efforts for leading companies and platforms in hospitality, marketplaces, vertical SaaS, workforce management systems, and staffing.
Branch is not a bank. Banking services are provided by Lead Bank, Member FDIC. FDIC insurance applies only for eligible accounts should the bank holding funds fail. The Branch Mastercard Debit Card is issued by Lead Bank pursuant to a license from Mastercard and is accepted wherever Mastercard debit cards are used.