FOR IMMEDIATE RELEASE
WeWork Labs Selects Paygevity for its Incubator Program
Paygevity Moving its Headquarters to Midtown Manhattan’s “Billionaires Row” — Next to Carnegie Hall
April 19, 2018. Paygevity announces its partnership with WeWork Labs—a global accelerator platform. WeWork is a $20.0 billion worldwide real estate/community workspace giant. Other notable start-up alumni from WeWork Labs include Reddit and Toutapp.
The equity-free accelerator focuses on driving growth of its portfolio of promising early-stage companies by leveraging the power of WeWork’s global community of institutional business partners and venture capital investors. WeWork’s accelerator will also spotlight and showcase Paygevity, on a global basis, through select introductions to various media outlets that focus on brand awareness and strategic marketing.
On May 1st 2018, Paygevity will move its headquarters to WeWork Labs’ office on “Billionaires Row” located at The Metropolitan Tower, 142 West 57th Street, 11th Floor, New York, NY 10019.
According to Neil Rothenberg, Paygevity’s CEO, “Working with an institutional strategic partner of this caliber will accelerate value creation and revenue capture at Paygevity. Without a doubt, WeWork Labs’ accelerator elevates our brand and speeds-up our global journey to connect our Supply Chain FinTech platform to corporations, vendors and financial institutions. Paygevity’s future continues to hold significant promise.”
Contact: External Relations