Wagetap

Wagetap is an Australian wage advance app that lets users access a cash advance of up to $2,000 before payday, with a Bill Split feature to handle bills. It charges a 5% transaction fee plus interest and aligns repayments with the next payday. The service emphasizes on-demand pay and bill management with responsible lending checks.

Users sign up in the app, securely connect their bank account, and can withdraw up to $2,000 of their upcoming wages for a small fee. Repayments are scheduled to align with the user’s payday, with options for flexible or split repayments. Bill Split allows covering bills up to $600, paid instantly and repaid in 3 or 4 installments depending on the bill size, also aligned to payday. All costs are disclosed upfront (5% withdrawal fee + 24% APR), with no hidden fees.

Who it’s for: Australian residents aged 18+, with regular income paid via employer payroll into a transacting bank account, seeking quick cash before payday and temporary bill coverage.

Customers: Lending Australians with wage advances

company data shows user base and loan volume (300,000+ users, $500M+ in advances) and mentions Careers/PR; active product features and pricing page imply traction and growth.