Instant Financial, a Vancouver and Montreal, Canada-based fintech startup, that provides a mobile app to give workers immediate access to their earned pay, raised $1.2m in seed funding.
The round was led by Real Ventures with participation from angel investors.
The company intends to use the funds to continue to expand operations following the app launch.
Founded in 2015 by CEO Steve Barha, CTO Kevin Falk and CRO Ryan Volberg, Instant Financial provides a mobile app that allows employees to unlock their unpaid wages on a daily basis while enabling employers to access to direct savings and increase employee retention.
FinSMEs
04/02/2016