Instant Financial is a financial wellness startup founded in 2015 and headquartered in the United States. The company offers businesses a free platform that provides employees with earned wage access, allowing workers to access money they have earned in real-time, even before they are compensated. This innovative approach effectively transforms every shift into payday, fostering improved employee engagement and retention for employers. Notably, the company received a Venture Round investment on 31 August 2023, with contributions from TTV Capital, ITC Capital Partners, and InComm. As the fintech and banking industries continue to evolve, Instant Financial's disruptive and employee-centric approach has the potential to reshape the landscape of financial services.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Venture Round | Unknown | 3 | InComm | 31 Aug 2023 |
Venture Round | $12.68M | - | 07 Jul 2023 | |
Corporate Round | Unknown | 1 | InComm | 20 Jul 2021 |
Series A | Unknown | 1 | 18 Oct 2019 | |
Series A | $14.30M | 3 | 17 Apr 2018 |
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