Founder-led execution scaling through staged investment to profitable scale
50-state licences, own funding engine, embedded in the platform, revenue-share lock-in
Early stage, capital-intensive float, US-only today, brand unknown to platforms
$100B pay gap, favourable EWA regulation, FedNow rails, UK and Canada entry
Well-funded EWA incumbents, regulatory shifts, platforms building in-house, funding-cost swings
Low. 50-state licensing and a funding engine take years and capital to replicate
Moderate. Banking and float partners hold leverage; multiple relationships reduce it
High. DTC apps and employer EWA compete, but few are embedded infrastructure
Moderate. Platforms have options, but revenue-share and retention lift keep them
Low. Payday loans and overdraft are the alternatives Tempo replaces
States are formally separating earned-wage access from lending, easing the path
Hourly workers live paycheck to paycheck; instant pay demand rises in tight labour markets
Workers expect pay to move at the speed of work; instant pay drives retention
FedNow and RTP make real-time settlement cheap and ubiquitous
Low direct exposure; digital pay reduces cash handling and paper cheques
Money-transmitter, KYC and AML rules are the barrier Tempo already clears
Sponsor banks, card networks, WFM and payroll processors, workforce platforms
Real-time ledger, risk pricing, float funding, compliance, platform integrations
Instant, earned pay platforms turn on in weeks and earn from
API partnership, revenue-share, dedicated integration and account teams
Mid-market and enterprise workforce platforms; their hourly workers
50-state licences, funding capital, the risk engine, engineering talent
Direct sales, WFM and payroll partners, reference-led enterprise
Processing, fraud, compliance, float cost, engineering, sales
$4.50 instant-pay and interchange plus $2.00 platform fee per worker
Hourly workers wait two weeks for earned pay; platforms cannot build instant pay
One API for instant, earned pay held, funded and licensed by Tempo
Instant pay, built in, not bolted on
50-state licences and a proprietary risk and funding engine
Workforce platforms in staffing, delivery and gig; hourly workers
Active workers, wages accessed, ARPU, default rate, platforms live
Direct sales, payroll and WFM partners, reference-led enterprise
Processing, fraud, compliance, float, engineering, go-to-market
Per-worker instant-pay, interchange and platform fees
Licensing, compliance and finance run instant money movement at scale
Fintech operators from Stripe, Marqeta, Gusto and Cross River Bank
Real-time ledger, risk engine, card issuing, instant settlement rails
Sponsor banking, card networks, float capital, cloud infrastructure
Platform earnings data flows in real time as shifts complete
Accrue earned wages, price risk, fund advances, settle at payday
Instant pay rendered natively inside each platform's own app
Direct sales, partner-led distribution, reference-led enterprise
Integration support, account management, compliance and dispute handling
Tempo. Embedded, fully licensed, low flat fee, revenue-share to platforms
Build in-house. Full control but 2+ years and millions to build
DTC EWA apps. Cheap to start, no platform value, separate login
Payday loans and overdraft. Predatory cost, no platform benefit
Pay workers the moment they earn, without building payroll or licences
Feel in control of money; avoid the stress of the two-week gap
Be an employer of choice workers recommend for fast, fair pay
Payday loans, overdraft fees, worker churn, compliance risk, build cost
Higher retention, new revenue share, faster fill rates, happier workers
Payday loans, overdraft, DTC apps, or building in-house
$28,000 blended cost to acquire a platform
$84,000 gross-margin value per platform over three years
3.0:1
Under 9 months
61% today, rising to 75% at scale
Under 5% annual platform churn; revenue-share lock-in
Grow workers per platform; lift instant-pay adoption 55% to 90%
Add Tempo Card, savings, wellness and credit-building
Enter the United Kingdom, then Canada
Become the financial operating system for hourly workers
| Criterion | Assessment |
|---|---|
| Valuable | 50-state licences and instant pay drive platform retention and revenue |
| Rare | Few hold full licences, a funding engine and embedded distribution together |
| Inimitable | Licences and risk data take years and capital to replicate |
| Organized | Team and infrastructure built to run regulated money movement at scale |
Regulatory reversal on earned-wage access. Monitor and engage regulators
Rising float or funding costs. Diversify capital and adjust pricing
Minor integration downtime. Resolve through redundancy
Platform onboarding delays. Manage with automated integration tooling