Immediate Raises $13M Series B

Immediate, based in Birmingham, Alabama, has secured $13 million in Series B funding to advance its earned wage access and financial wellness platform. This latest round of financing follows the company's efforts to provide employees with real-time access to earned wages, further integrating its services within the financial sector.

Investors

The funding round was led by BankTech Ventures, with additional participation from Castle Creek Launchpad and BankSouth.

Immediate Use of Funds

Immediate plans to utilize the $13 million capital injection to accelerate product development, expand distribution partnerships, scale its presence in the employer market, and build out its private-label Embedded EWA platform.

About Immediate

Founded by Matt Pierce, Immediate provides an enterprise-grade infrastructure platform that enables employees to access their earned wages before their scheduled paydays. The company bridges the gap between employers and financial institutions to support employee financial wellness.

Funding Details

Company Website: https://joinimmediate.com

Company: Immediate
Raised: $13M
Round: Series B
Funding Date: September 2, 2026
Lead Investor: BankTech Ventures
Additional Investors: Castle Creek Launchpad, BankSouth
Software Category: Fintech
Source: https://app.dealroom.co/news/note/immediate-lands-13m-series-b-to-grow-bank-focused-earned-wage-business