Bungii, the “fast-growing” platform for big and bulky last-mile delivery, announced it has adopted workforce payments platform Branch in order “to streamline the payments experience for its growing network of drivers. Drivers that sign up with Bungii will onboard with Branch to receive fast, easy access to payments.
Currently serving in 50 major metros across 500 U.S. cities, Bungii offers same-day delivery services “to fulfill all retail and commercial delivery needs.”
With thousands of drivers on its platform and plans to quadruple fleet size over the next year, Bungii selected Branch as its preferred driver payments solution “to support the company’s rapid expansion as it continues to scale.”
Branch makes it simple “to pay contractors in a single click by offering Bungii the ability to easily bank new drivers so that they can get paid day one.”
Mark Vanderweide, VP of Product at Bungii, said:
“Branch simplifies payments onboarding for both our drivers and operations teams by banking workers within seconds—this not only eliminates the need to manually enter bank-routing information, but also allows us to provide an engaging work and payments experience, without any extra work from our team. It not only improves the lives of our drivers—who benefit from faster payments and improved cash flow—but it’s saved us time and money right off the bat. We went from paying three percent or more each month (with our previous solution) to a free solution that practically automated the hours we previously dedicated to driver payments.”
With the rise of the gig economy, workers everywhere are expecting more from companies. Savvy companies, like Bungii, recognize “that the worker’s experience of pay is key to attracting, engaging, and retaining the best talent.”
With Branch, businesses can instantly “pay contractors at zero cost to their company or workforce, build loyalty, and scale more efficiently.”
Branch founder and CEO Atif Siddiqi said:
“As the expectations of today’s workforce continue to increase, companies must deliver faster access to pay, equitable financial tools, and meaningful rewards that empower working Americans and help them grow financially. We’re excited to partner with Bungii to create a compelling driver payments experience as they continue to rapidly expand across the country.”
Backed by a fee-free business checking account, the Branch Card ‘enables contractors to save, spend, or send earnings anywhere they like.”
Available on iOS and Android, the Branch Card not only “eliminates overdraft fees and minimum balance requirements, but also offers cashback rewards on everyday purchases and free ATM access at more than 55,000 locations across the U.S. Contractors that sign up with Branch can receive payments through the Branch Wallet and can add their Branch Card to Apple Pay or Google Pay to use their earnings right away.”
