INSTANT Financial seeded with $1.2 mln in Real Ventures-led round
Canadian financial technology startup INSTANT Financial has raised $1.2 million in seed-stage financing. The round was led by Canadian venture capital firm Real Ventures with participation from a number of angel investors. Based in Vancouver and Montréal, INSTANT has developed a mobile app that helps workers gain immediate access to their earned pay. Its solution also helps employers reduce pay distribution costs, the company said. INSTANT was founded last year by CEO Steve Barha, CTO Kevin Falk and CRO Ryan Volberg. Real Ventures raised $89 million for its third early-stage fund last August.
3 February 2016•3 mins read
