Instant Financial, an Atlanta, GA-based fintech company, raised an undisclosed amount in funding.
The round was led by TTV Capital, with participation from ITC Holdings, InComm, existing partners.
The company intends to use the funds to accelerate its growth initiatives, including substantial investments in product development, enhancements in client support services, and strategic sales and marketing endeavors.
Led by CEO Tal Clark, Instant Financial provides workers in the United States with earned wage access solutions. By enabling employers to allow employees to access their daily wages immediately after their shift, the solution helps organizations improve retention and reduce absenteeism while helping employees take control of their financial freedom by bridging the gap between work day and payday.
Their portfolio boasts a diverse range of clients across various verticals, including Randstad, Bloomin’ Brands, Ultra Steak, Road Runner Sports, and more.
