Banco Sabadell exited the salary advance service, which was incubated by Sabadell-backed venture builder Nuclio, in a purchase by counterpart Hastee.
UK-headquartered advanced salary payment service Hastee has purchased Typs, a Spain-based peer backed by financial services firm Banco Sabadell, for an undisclosed amount, Capital-Riesgo reported yesterday.
Typs has developed an online platform that enables users to access their impending earnings in advance and make up the difference with their employer on payday. It was incubated by Nuclio, a venture builder run by Banco Sabadell and Catalonian government-owned financial institution Institut Català de Finances (ICF), in 2019.
Banco Sabadell’s BStartup unit…
