Instant Financial's mission is to "empower millions of hourly workers by putting employees in control of accessing their pay," said CEO Steve Barha. The platform also benefits employers by offering a a disruptive service that minimizes the need for employees to seek short-term lending options, according to Instant Financial. The company said in 2016 that more than $80 billion in interest and fees is paid to banks and payday lenders by frustrated workers who until now had no alternative.

https://www.benzinga.com/fintech/18/04/11525953/instant-financial-the-app-that-lets-employees-access-their-own-pay-raises-11-