Clair, an employee financial support platform that provides on-demand wage access, has partnered with Gusto, a payroll, benefits, and HR management services platform, to integrate employee wellness offerings and expand its product reach.
The partnership allows Clair to expand its product reach by integrating its earned wage access offering with Gusto Wallet and leveraging Gusto’s customer base of over 300,000 businesses. The embedded offering will allow Gusto Wallet users to provide Clair's on-demand pay offering to employees and help them access a portion of their earned wages before payday, with Clair's pay advances originated by its banking partner, Pathward .
Analyst QuickTake: Today’s partnership news follows Clair's partnership with payroll infrastructure provider Check last month. The collaboration supports the company’s ongoing efforts to increase product reach since the launch of Clair for Employers and raising USD 175 million in funding in June last year.
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