The demand for flexible and immediate payment options is reshaping the payroll landscape, especially for hourly workers. In recognition of its leading role in this transformation, Instant Financial, a fintech company modernizing earned wage access (EWA), has been named the Best Payments App (B2B or B2C) at the 2025 Tearsheet Power of Payments Awards. The company's platform enables employers in sectors like hospitality and retail to offer employees instant access to their earned wages and tips, addressing a critical need in the modern workforce.
Quick Intel
Instant Financial won Best Payments App at the 2025 Tearsheet Power of Payments Awards.
The platform provides earned wage access and digital tips for hourly workers.
It has issued over $8 billion in payments and $5 billion in digital tips to date.
The solution integrates with existing payroll systems at no cost to employers.
It helps employers improve recruitment and retention by meeting worker demand for same-day pay.
The award adds to recent honors from PayTech Global and the Fintech Finance Awards.
Modernizing Payroll for the On-Demand Era
Instant Financial's platform is built on the principle that employees should have immediate access to the wages they have already earned. Its solutions, including instant payments via banks, mobile wallets, or virtual paycards, integrate seamlessly with existing payroll systems. This provides employers with a fast and compliant way to offer real-time disbursements, a benefit increasingly demanded by workers, with 86% of employees citing a desire for same-day pay. For employers, this modern pay platform serves as a powerful tool to improve operational efficiency, recruitment, and employee retention.
"We built Instant on the belief that employees should have immediate access to the wages they have already earned," said Tal Clark, CEO of Instant Financial. "Being recognized by Tearsheet as the Best Payments App is a testament to our team's mission to reshape how America gets paid. We're proud to deliver technology that empowers workers while helping employers improve recruitment, retention, and morale."
The Tearsheet Power of Payments Awards spotlight the leading players transforming the financial services landscape, with this year's winners including major names like J.P. Morgan Payments and Remitly. This accolade adds to a series of recent honors for Instant Financial, cementing its position as an innovator in payroll technology. By turning every workday into payday, the company is successfully addressing the evolving expectations of the on-demand workforce while providing tangible value to businesses.
Instant Financial is a fintech company modernizing payments and earned wage access for hourly workers and their employers. We provide earned wage access, digital tips, and instant payments via banks, mobile wallets, or paycards, along with financial wellness services—giving frontline workers control over how and when they get paid. As the first company to offer earned wage access through a paycard, Instant has helped workers in restaurants, retail, hospitality, and beyond access over $8 billion in earnings and $5 billion in tips at no or low cost. With 86% of employees wanting same-day pay, our award-winning solutions turn every workday into payday, helping employers improve recruitment and retention.
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