Instant Financial, an earned wage access startup, has reported a 33% increase in its client base and an 18.5% growth in the number of cardholders during H1 2021. The growth was spurred by a surge in post-pandemic demand for earned wage access services.

Instant Financial also onboarded 10 new hires during H1 2021, including CEO Tal Clark, CRO Chip Harden, and CTO Charles Jarett. The company plans to add over 20 additional roles during 2022.

Founded in 2015, Instant Financial provides a platform for employers to offer earned wage access to staff via a mobile application. Instant Financial also provides earnings trackers, payments, transfers, and free ATM cash withdrawals. As of June 2021, the company served organizations such as McDonald’s, Burger King, and Taco Bell.