Workforce management and payroll solutions provider Humanforce announced yesterday that it has acquired the Australian operations of Wagestream (formerly Earnd), an Australian provider of on-demand pay or earned wage access, according to Yahoo Finance. On-demand pay is a payroll service that allows employees to access their wages as they are earned. Sydney-based Humanforce is a provider of workforce management and payroll solutions for deskless workforces in 23 countries. Humanforce Chief Executive Officer Clayton Pyne said the acquisition will provide deskless workforces with tools and technologies to make work easier and life better.

“Arguably, deskless workforces were hardest hit since the pandemic, and they’re still struggling today—three years on. Businesses continue to grapple with talent attraction and retention, while deskless workers are battling rising inflation and interest rates, alongside traditionally lower rates of pay than their white-collar counterparts. Businesses that can provide innovative, low-risk, high-impact solutions to alleviate their employees’ number one concern—financial stress—is a real game changer in today’s environment,” said Pyne. This is Humanforce’s second acquisition. Just last month, Humanforce announced that private equity firm Accel-KKR invested in the business with its second round of funding in May 2022.