Hastee and Loqbox Announce Strategic Partnership to Empower Employees with Better Credit Profiles

11 December 2024

London, UK – Hastee, the award-winning provider of earned wage access (EWA) and financial wellbeing solutions, has partnered with Loqbox, one of the UK’s biggest & most trusted credit-building businesses, to offer employees an innovative way to improve their credit profiles and and enjoy a happier, healthier relationship with money. 

This partnership brings Loqbox’s proven tools for saving and credit-building to Hastee’s financial wellbeing ecosystem, delivering impactful benefits for employees—without any added cost or admin for employers. Loqbox has already helped over 1 million people boost their credit profiles, with full members seeing average credit score increases of 197 points in the first 12 months. 

Key highlights of the partnership include: 

• Boost Credit Histories: Loqbox empowers employees to build their creditworthiness, potentially saving them thousands in interest by accessing lower-cost credit. 
• Reduce Financial Stress: Building a credit history allow employees to avoid high-cost loans, effectively increasing their disposable income and reducing the pressure of financial uncertainty.
• Tailored Financial Education: Loqbox Coach provides actionable financial insights, making it easier to achieve long-term financial wellness.
• Accessible to All Employees: Loqbox services are designed to be inclusive and for all users, regardless of their current credit situation – so every employee has the chance to improve their financial future. 

Ernesto Bernado, CPO of Hastee, commented:
“Helping employees achieve financial resilience is at the heart of what we do at Hastee. By partnering with Loqbox, we’re addressing a critical area of financial wellbeing—credit health. Together, we’re making it easier for businesses to support their workforce and drive meaningful, positive change.” 

Ola Polak, Head of Partnerships at Loqbox, added:
“Partnering with Hastee is a fantastic opportunity to extend Loqbox’s mission to help everyone access a richer life. Together, we’re creating a powerful solution that strengthens workplace wellbeing and empowers employees to break free from credit limitations and achieve financial freedom.”

This partnership is another step in Hastee’s commitment to providing businesses with innovative tools to support their employees’ financial wellbeing, fostering engagement, and reducing financial stress. 

About Hastee 

Hastee is a leading provider of earned wage access and financial wellbeing solutions, empowering employees to access their pay as they earn it and improve their financial health. Hastee partners with employers such as McDonald’s, PayPal, and the NHS to boost productivity, retention, and employee satisfaction. 

About Loqbox 

Loqbox is a credit-building platform that helps people improve their credit profiles and achieve financial freedom. With tailored financial coaching and simple, impactful tools, Loqbox has supported over 1 million users in transforming their financial futures.