💰The Funding Letter #1197: July 7

Clair, Silvr, Ten Thousand, and more...

July 07, 2023

Happy Friday! This exclusive edition of The Funding Letter comes to you from our headquarters in New York City. Have a great weekend!

Note: we’re now on Threads! Find us @thefundingletter for more sales and funding related conversations.

Hit the Gong 🎉

Source: @marketing_humor

Daily Deals 💸

🌎 Americas

Clair has developed instant pay access technology that enables hourly workers to get paid immediately for hours worked, while also providing easy banking services to users and helping employers to retain their workforce. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $150M, Consumer Lending Program + $25M, Equity

Round Investors: Thrive Capital (lead), Pathward N.A, Kairos HQ, Upfront Ventures

🚀Growth Focus: Expand its team and increase customer adoption across hourly workforces; launch its on-demand pay solution as a consumer lending program, backed by an FDIC-insured bank.

HQ: New York, NY

Industry: Financial Services

Employee Count: 62 (⚡15% increase in last 6 months)

🔥Open Sales Gigs: Currently Hiring

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