Prepaid Startup Clair Raises $ 15 Million

Claire, a earned wage startup for New York-based gig economy workers and tech contractors, closed $ 15 million in a series A round led by Thrive Capital.

The new investment brings Clair’s total funding to $ 19.5 million, following a seed round led by Upfront Ventures seven months ago.

Claire allows HR technology and gig companies to give hourly workers a free, immediate cash advance loan of their income. The company currently has partnerships with platforms used by more than 1.5 million hourly wages and gig workers.

Claire CEO Nico Simco says. “We have a mission to give workers easy and quick access to the hard-earned cash. We want to promote the financial inclusiveness of everyone. We do this by enabling existing HR technology providers through innovative fintech tools. This funding round is the gliding needed to grow our business and realize its vision on a larger scale. Providing a way. ”

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