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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.
Social
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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
Employee Count
68 as on Jun 30, 2026
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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:lockFilter this list
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
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Instant's founders and board of directors

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Instant's employee count trend

Instant has 68 employees as of Jun 26. Here is Instant's employee count trend over the years:
Employee count trend for Instant
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Clair
Clair
2019, New York City (United States), Series B
Cloud-based employee benefits platform for on-demand pay
$67.7M
69/100
2nd
Logo for ZayZoon
ZayZoon
2014, Calgary (Canada), Series B
Provider of earned wage access, perks, and financial wellness solutions
$80.5M
68/100
3rd
Logo for Instant
Instant
2015, Vancouver (Canada), Series B
On-demand payment solutions for businesses and individuals
$40.3M
64/100
4th
Logo for Payfare
Payfare
2014, Toronto (Canada), Acquired
Online financial benefits platform for on-demand pay
$50K
52/100
5th
Logo for Swift Wellness
Swift Wellness
2023, Waterloo (Canada), Funding Raised
Paycheque application for employees
-
22/100
6th
Logo for Marmot Benefits
Marmot Benefits
2019, Calgary (Canada), Seed
Online platform for on-demand payment solutions
-
-
18/100
7th
Logo for Devengo
Devengo
2015, Hamilton (Canada), Deadpooled
Provides on demand access to wages
-
-
15/100
8th
Logo for Klinch
Klinch
2014, Vancouver (Canada), Deadpooled
Provider of rent payment solution for tenants
-
-
15/100
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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

lockFilter this list
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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FAQs about Instant

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