Instant - About the company
Instant is a series B company based in Vancouver (Canada), founded in 2015. It operates as an On-demand payment solutions for businesses and individuals. Instant has raised $40.3M in funding from TTV Capital and InComm, with a current valuation of $*****. The company has 6 active competitors, including 4 funded and 1 that has exited. Its top competitors include companies like Clair, ZayZoon and Payfare.
Company Details
On-demand payment solutions for businesses and individuals. It features solutions for claim instant pay offers, real-time balance checks, requests for payment, tips management, payment cards, mileage tracking, and more. It offers products to help businesses offer their employees financial freedom, including Instant Pay, Instant Miles, and Instant Card.
- Website
- www.instant.co/
- Email ID
- *****@instant.co
- Registered Address
- Holečkova 789 15000 Praha
Key Metrics
Founded Year
2015
Location
Vancouver, Canada
Stage
Series B
Total Funding
$40.3M in 7 rounds
Latest Funding Round
Investors
Ranked
3rd among 6 active competitors
Employee Count
68 as on Jun 30, 2026
Legal entities associated with Instant
Instant is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Instant Support a.s. CIN: 07549881 , Czech Republic, Active | Oct 19, 2018 | - | - |
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Instant's funding and investors
Instant has raised a total funding of $40.3M over 7 rounds. Its first funding round was on Feb 03, 2016. Its latest funding round was a Series B round on Jul 07, 2023 for $*****. 3 investors participated in its latest round. Instant has 11 institutional investors.
Here is the list of recent funding rounds of Instant:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 07, 2023 | 8097211 | Series B | 4361732 | 5231238 | 6198728 | 8199805 |
Jul 20, 2021 | 3685622 | Series A | 1895183 | 5038480 | 9921306 | 2522119 |
Oct 29, 2019 | 8371563 | Series A | 2461454 | 2000936 | 7429292 | 6372663 |
View details of Instant's funding rounds and investors
Instant's founders and board of directors
Founder? Claim ProfileInstant's employee count trend
Instant has 68 employees as of Jun 26. Here is Instant's employee count trend over the years:
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Instant's Competitors and alternates
Top competitors of Instant include Clair, ZayZoon and Payfare. Here is the list of Top 10 competitors of Instant, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Clair 2019, New York City (United States), Series B | Cloud-based employee benefits platform for on-demand pay | $67.7M | 69/100 | |
2nd | Provider of earned wage access, perks, and financial wellness solutions | $80.5M | 68/100 | ||
3rd | On-demand payment solutions for businesses and individuals | $40.3M | 64/100 | ||
4th | Online financial benefits platform for on-demand pay | $50K | 52/100 | ||
5th | Swift Wellness 2023, Waterloo (Canada), Funding Raised | Paycheque application for employees | - | 22/100 | |
6th | Marmot Benefits 2019, Calgary (Canada), Seed | Online platform for on-demand payment solutions | - | - | 18/100 |
7th | Provides on demand access to wages | - | - | 15/100 | |
8th | Provider of rent payment solution for tenants | - | - | 15/100 |
Looking for more details on Instant's competitors? Click here to see the top ones
Instant's Investments and acquisitions
Instant has made no investments or acquisitions yet.
Reports related to Instant
Here is the latest report on Instant's sector:
News related to Instant
Media has covered Instant for a total of 4 events in the last 1 year, 1 of them has been about company updates and 1 about partnerships.
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Welcome Tech Secures $7.5M to Expand AI Platform for Immigrant WorkforceTechStartups.com•Aug 27, 2025•Welcome Technologies, Mubadala, TTV Capital, Next Legacy and 7 others
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Instant Financial and Payouts Network Launch Real-Time Direct-to-Bank Transfers for Earned Wage Access (EWA)Global Fintech Series•Aug 26, 2025•Payouts Network, Instant
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Instant Financial’s Heather Heebner Appointed to HR.com’s Payroll Advisory BoardGlobal Fintech Series•Jul 24, 2025•Instant, HR.com
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Instant Financial Partners with AllianceHCM for Real-Time Digital Tips for Restaurant OperatorsGlobal Fintech Series•May 30, 2025•Alliance, Instant
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Workstream Partners with Instant Financial for Faster Payroll OptionsRad AI•May 15, 2025•Workstream, Instant
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Instant Financial Named Among Top 10 Most Innovative Georgia Tech CompaniesGlobeNewswire•Apr 10, 2025•Instant
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Instant Launches Financial Wellness Program, Offering Hourly Workers Financial Empowerment ResourcesGlobeNewswire•Mar 26, 2025•Instant
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Instant raises $18 million as valuation climbs to $100 millionSmartCompany•Mar 03, 2025•Instant, Hummingbird Ventures, Blackbird Labs, TEN13 and 2 others
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