Leading Spanish Earnings on Demand company. $300 billion the annual cost to employers in loss of productivity as a result of employee financial stress.
Umbra funded and advised their portfolio company Hastee on its acquisition of Typs, the leading Spanish Earnings on Demand company. This is an important step forward on Hastee's mission to improve people’s financial health, productivity and liquidity on a global scale and one that Umbra are very excited about.
James Herbert, Founder and CEO of Hastee, explains: "In Typs, we have found a great team who share both our values and mission, and a complementary organisation that provides a foothold in Southern Europe to accelerate our expansion across Europe and beyond".
Jaime Jimenez, CEO and Co-Founder of Typs, stated that “Joining forces with Hastee will truly benefit our clients and their employees. We are now positioned to implement our leading financial wellbeing solutions internationally, providing employees with access to the most comprehensive set of tools and resources to help avoid financial stress, and provide the most value to their organisations".