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Clair raises $4.5m in Seed funding

New York based startup focused on rapid pay for hourly and gig economy workers raised $4.5m in Seed funding led by Upfront Ventures.

“We are thrilled to be one of the only sources of free capital for America’s hourly and gig workers. We believe that everybody should be able to freely access money they’ve already earned. There are more payday lenders than McDonald’s in the US that charge on average more than 300% annual interest on loans. So we have one simple vision: it’s time for change.”

Tags

social, gig economy, banking, payroll