BIRMINGHAM, AL, Immediate, a financial wellness company, today announced it has completed a $15.5 million capital raise from a diverse group of investors.
This funding, which reflects growing confidence in the expanding potential of Immediate, is split between growth equity and a working capital facility, allowing Immediate to better serve its growing user community. The company will use this funding to continue on its accelerated growth path in the coming years.
Immediate partners with employers to provide their employees with wages that have been earned but not paid, whenever they are needed. With seamless time tracking and payroll integrations, same day and next day bank transfers, and the ability to put earnings directly on a debit card, Immediate is working to improve financial wellness and eliminate cycles of debt for employees by allowing them to access their hard-earned wages. To learn more, visit joinimmediate.com.
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