Strikepay Risk Report

👥 labor & workforce

Strikepay, as a fintech company focused on providing seamless payments, may face potential challenges in the labor and workforce sector. Frequent occurrences of labor strikes, salary negotiations, and workforce challenges continue to make headlines. The company's involvement, or at least its relevance, seems highlighted by various strike-related events.

• A news article on 🗓 October 26, 2023, discussed whether strike pay is taxable, addressing implications for UAW strikers at tax time.
• On 🗓 September 19, 2023, it was reported that UAW extended strike pay to 600 laid-off Ford workers, with potential GM layoffs.
• On 🗓 September 15, 2023, it was noted that UAW members must wait approximately 8 days to receive strike pay, posing challenges.
• The Irish Times reported on 🗓 January 6, 2024, about Strikepay's expansion into the UK amid a cashless tipping business boom, indicating operational growth.

🏅 awards & recognition

Strikepay is setting itself up positively in the fintech landscape and gaining recognition for its innovation, as evidenced by published insights into its ambitions and collaborations.

• A significant article highlighted on 🗓 October 7, 2022, that Strikepay is aiming for unicorn status, suggesting a drive towards becoming a highly valued company.
• Strikepay teamed up with fintech firm Truelayer to verify bank accounts, a noteworthy collaboration reported on 🗓 November 1, 2022.