Full-Time
Posted on 10/3/2025
No-cost on-demand wage advances for employees
$150k - $157k/yr
New York, NY, USA
Hybrid
Hybrid: must come into office at least three days a week (Tuesdays, Wednesdays, Thursdays); based in NYC.
Clair offers on-demand wage access as a fintech service for employees. It partners with employers to integrate wage-advance functionality into payroll systems, allowing workers to access a portion of their earned wages before payday through Clair’s platform and a virtual or physical debit card. The core product has no fees or interest, so employees can obtain advances without extra costs. Clair generates revenue through employer partnerships and optional rewards programs, and its service is designed as an employee benefit that supports financial wellness and workplace satisfaction. Clair differentiates itself by providing a no-cost, no-interest wage-advance option and by embedding the service into existing HR/payroll workflows, making it easy for employers to offer this benefit. The company’s goal is to expand access to earned wages, helping hourly workers and gig economy workers cover unexpected expenses and manage finances more effectively.
Company Size
51-200
Company Stage
Series B
Total Funding
$218.3M
Headquarters
New York City, New York
Founded
2019
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Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Health Savings Account/Flexible Spending Account
Unlimited Paid Time Off
Paid Vacation
Hybrid Work Options
401(k) Retirement Plan
401(k) Company Match
Parental Leave
Clair, the pioneering fintech company offering Earned Wage Access (“EWA”) originated by national bank, Pathward®, N.A., today announced that it has raised $2...
Clair has raised $23.2 million in a Series B funding round led by Upfront Ventures, with continued participation from existing investors including Thrive Capital.
Clair, an embedded earned wage access startup, has raised $23.2 million in a Series B round led by Upfront Ventures, with participation from Thrive Capital. Founded in 2020, Clair offers a service allowing employees to access wages before payday. The company operates across 80,000 businesses and two million employees. CEO Nico Simko emphasizes regulatory compliance, supporting the classification of EWA as a loan to ensure transparency and consumer protection.
Updates Announced at the SHRM 2024 Annual ConferenceCHICAGO, June 25, 2024 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), announced a series of new product enhancements, capabilities and strategic partners designed to meet the needs of its customers in today's ever-evolving business environment. These announcements were made today in Chicago at the Society for Human Resource Management (SHRM) Annual Conference and Expo 2024.TriNet has announced a series of new product enhancements, capabilities and strategic partners designed to meet the ever-evolving needs of small and medium-size businesses."SMBs rely on solutions that allow them to adapt and remain agile without sacrificing the time and energy they should be investing in growing their businesses," said TriNet Chief Product Officer, Lisa Reeves. "TriNet's product updates, which include additional integrated partners for managing a global workforce, on-the-go payroll through our mobile app, and access to a curated marketplace of business solutions, empower our customers to execute with convenience and speed while also assembling talent from around the world."TriNet's announced marketplace and product enhancements include the following:Marketplace: Through TriNet's thoughtfully curated network of solutions for SMBs, customers can confidently and conveniently find solutions to their ever-changing needs.This update will provide:A reputable network of solutions for confident decision-making, in a convenient online platform. Easily sort from a range of categories: HR, finance, talent acquisition, recruiting, global workforce, expense, security and more.Preferred pricing on a number of solutions that translates into potential cost savings for its customers.Prebuilt integrations that connect and sync data across select applications for greater security, accuracy and efficiency. Additionally, its customers can conveniently access single sign-on to select integrated apps.Global Workforce: TriNet is partnering with leading global employment platforms Oyster (now live) and Multiplier (coming soon) to support the international growth of its customers. The collaboration will include prebuilt integrations allowing customers to visualize and track their full workforce, US and international, from TriNet's PEO platform and with global employment platform partners, provide the ability to:Onboard and pay global workers quickly.Navigate international employment-related rules and requirements.Access local employee benefits to attract top talent.Mobile app, payroll run approval: New mobile app feature will allow administrators to review and approve payroll runs while on the go
As Wisconsin becomes the latest state to regulate Earned Wage Access (EWA) services, we connected with Nico Simko, founder and CEO of on-demand pay app Clair, to discuss the ever-changing EWA landscape, the impact of local state government’s efforts to protect consumers, and more.Nico Simko from Clair is often in DC meeting with legislators and has a lot of expertise and experience related to EWA / fintech regulation.Our discussion with Nico is shared below.Crowdfund Insider: How does Clair differ from other earned wage access providers in the space?Nico Simko: Clair’s differentiator from other earned wage access (EWA) providers is its business model. When my co-founder Alex and I were conceptualizing how Clair would serve employers and their workforces, we wanted to make sure to go about it differently from other on-demand pay providers who charge fees to employees looking to access their earned wages.To us, that’s money they’ve already earned and employees shouldn’t have to pay to access it. Fee-based models create a cycle where EWA providers encourage more borrowing because they’ll earn more money, and this ultimately puts employees in tough financial situations. Clair does not earn revenue when employees borrow, but instead makes money from merchants through interchange when customers spend on their Clair Debit Mastercards.Clair has made incorporating compliance into its business model a priority. Most customers borrowing from EWA providers are often doing so for an emergency expense that they cannot afford. If they are unable to afford the initial expense, it’s easy for them to fall into toxic debt cycles when there are fees stacked against it.Since Clair does not charge fees, we are incentivized to help customers save and spend responsibly