Branch Named "Best Payment Enablement Platform" in 9th Annual FinTech Breakthrough Awards Program

Prestigious Annual Awards Program Recognizes Outstanding Financial Technology Products & Companies Around the World

TAMPA, Fla., March 19, 2025 /PRNewswire/ -- Branch, the leading workforce payments platform, today announced that it has been selected as winner of the "Best Payment Enablement Platform" award in the 9^th annual FinTech Breakthrough Awards program conducted by FinTech Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies, and products in the global FinTech market today.

Branch empowers companies across a range of industries including hospitality, healthcare, business services, gig platforms & marketplaces, logistics, agriculture, and construction, by enabling real-time payments for both 1099 and W-2 workforces. Branch's comprehensive workforce payments platform offers full visibility, allowing businesses to manage payouts efficiently, including shift-based payouts, same-day or daily payments, earned wage access (on-demand withdrawals), paycards and direct deposit, and off-cycle payments for bonuses, tips, or payroll corrections. Companies can set up and roll out Branch to their workforce within one to two weeks.

Additionally, onboarding onto Branch is easy for workers too: workers can quickly sign up for the Branch App and Card, a digital wallet that includes a bank account, debit card¹, and financial wellness tools, in as quickly as 90 seconds. The Branch Direct offering supports fast payouts and ACH transfers directly to workers' existing bank accounts, ensuring seamless integration with existing financial tools. Branch also provides companies white-label solutions that enable organizations to launch their fully customized payment solutions in two to three months.

"Branch offers companies a competitive edge in recruiting and retention. Traditional payroll methods like checks, ACH transfers, and even paycards often involve delays, fees, and hurdles, making them inefficient for modern workforce needs," said Steve Johansson, Managing Director, FinTech Breakthrough. "Branch eliminates these constraints by providing free and easy-to-launch payment solutions for companies of all sizes that enhance financial access and flexibility for workers. That makes them our pick for 'Best Payment Enablement Platform' for 2025!"

The FinTech Breakthrough Awards is the premier awards program founded to recognize the FinTech innovators, leaders and visionaries from around the world in a range of categories, including Digital Banking, Personal Finance, Cryptocurrencies, Lending, Payments, Investments, RegTech, InsurTech and many more.

"By providing fast, fee-free options, and easy-to-use tools, we're helping businesses support their workers' financial wellness while also simplifying operations, driving engagement, and boosting retention," said Branch CEO Atif Siddiqi. "We're incredibly honored that FinTech Breakthrough has recognized how our platform enables businesses to deliver engaging payment experiences to their workforces."

About Branch
Branch is the leading workforce payments platform that helps businesses deliver fast, flexible options for workers to get paid. Whether it's sending earnings to employees or contractors, companies choose Branch because they know that faster payments can help them strengthen worker loyalty, save time and money, and drive business growth. Earners that sign up with Branch can receive a digital bank account, quick access to earned wages, rewards, and personal finance tools to help them manage their cash flow between pay cycles. Branch partners with the nation's leading companies in hospitality, healthcare, gig platforms & marketplaces, and staffing services. Branch has been honored with a Webby Award—Best Financial Services, FinTech Breakthrough Award, Gartner Eye on Innovation: Financial Services, and Great Place to Work Certification. To learn more about Branch, visit https://www.branchapp.com and follow us on Twitter/X and LinkedIn.

About FinTech Breakthrough
Part of Tech Breakthrough, a leading market intelligence and recognition platform for technology innovation and leadership around the globe, the FinTech Breakthrough Awards program is devoted to honoring breakthrough innovation in Financial Technologies and Services companies and products. The FinTech Breakthrough Awards provide public recognition for the standout achievements of FinTech companies and products in categories that include Payments, Personal Finance, Cryptocurrency, Wealth Management, Fraud Protection, Banking, Lending, RegTech, InsurTech and more. For more information visit FinTechBreakthrough.com.

Tech Breakthrough LLC does not endorse any vendor, product or service depicted in our recognition programs, and does not advise technology users to select only those vendors with award designations. Tech Breakthrough LLC recognition consists of the opinions of the Tech Breakthrough LLC organization and should not be construed as statements of fact. Tech Breakthrough LLC disclaims all warranties, expressed or implied, with respect to this recognition program, including any warranties of merchantability or fitness for a particular purpose.

¹  Branch is not a bank. Banking services provided by Evolve Bank & Trust, Member FDIC. FDIC insurance only applies for eligible accounts should the bank holding your funds fail. The Branch Mastercard Debit Card is issued by Evolve Bank & Trust pursuant to a license from Mastercard and may be used everywhere Mastercard debit cards are accepted.

SOURCE Branch