Wagestream partners with fintech Blossom to offer employees targeted 3% p.a. returns

Wagestream partners with fintech Blossom to offer employees targeted 3% p.a. returns

Summary : Financial wellbeing fintech Wagestream has partnered with fixed income micro-savings platform Blossom to offer employees a way to grow their savings by giving them access to the Blossom Fund which targets 3 percent per annum return on investments. The ability to grow savings faster through a Blossom account that targets a 3 percent per annum return is exciting in this environment.”

Blossom co-founder Gaby Rosenberg said: “We share similar values as Wagestream, as well as a common goal of helping to improve our customers’ financial wellbeing.

Wagestream Australia and Blossom describe themselves as mission-led fintechs determined to improve financial wellbeing by giving young people access to fair financial services. Blossom helps Aussies save and invest their income, with targeted annual returns of 3% in the Blossom Fund.

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