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ThanksBen

Can a UK-based employee benefits platform become the financial OS for global enterprise workforce benefits, displacing legacy platforms with embedded payments, cards, and financial wellbeing products?

Founded2019
HQLondon, United Kingdom
Total raised$27.5M+
Latest roundSeries B
IndustryVertical SaaS / HR & Benefits
The story

Founded in 2019 as a UK-based employee benefits platform, Thanks Ben (trading as 'Ben') initially focused on flexible spending allowances backed by prepaid Mastercard cards. It has since evolved into an AI-native global benefits OS for enterprise, embedding payment cards (via Paynetics), cross-border payment rails (via Airwallex for US), and financial wellbeing products (EWA, workplace loans) directly into its platform. The Series B positions Ben to displace legacy benefits platforms at multinationals operating across 140+ countries.

Last 12 months
2025
Product timeline
2019
Thanks Ben Ltd incorporated in England and Wales (Company No. 12335851).· pivot
Regulated entities
Appointed Representative
UK FCA
Thanks Ben Ltd (AR of Stubben Edge (Risk) Limited, FRN: 943286)
The stack
Banking / BaaS
Paynetics UK
Card issuing
Paynetics UK
Lending
Workplace LoansEarned Wage Access
FX & payouts
Airwallex
Accounting gap: significant