Ferry
“Can a fintech platform become the financial infrastructure layer for tip disbursement, wage payments, and tax compliance across the hospitality industry?”
HQSan Francisco, CA, United States
IndustryFintech / SMB banking
The story
Ferry is a financial technology platform focused on the hospitality sector, facilitating automated instant tip payouts and tax compliance for hospitality businesses. The company's core product integrates with restaurant point-of-sale (POS) and human capital management (HCM) systems to enable same-day tip access and wage payments via payroll cards, with BJ's Restaurants as a flagship customer.
Product timeline
2024
Launched payroll card and instant tip payment solution with BJ's Restaurants (200+ locations) powered by Highnote as issuer processor.· card
The stack
3 layers disclosed in Ferry’s embedded-finance stack
Banking / BaaS
Community Federal Savings Bank (sponsor)
Card issuing
in the full report
Sponsor bank
in the full report
Accounting gap: none
2 more providers across 2 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.