Fintech platform delivers pay access tools that empower employees and reduce administrative burdens for employers

Birmingham, AL (June 3, 2025) – The American Fintech Council (AFC), the premier industry association representing responsible fintech companies and innovative banks, today announced the addition of Immediate as its newest member. Immediate offers a comprehensive pay access platform that provides earned wage access, off-cycle payments, cashless tips, and employee pay cards—giving employers the tools to support their workforce while streamlining payroll operations. As an AFC member, Immediate joins a coalition of fintech leaders committed to advancing responsible innovation and financial inclusion.

“Immediate is transforming how employees access their earnings with a solution that prioritizes both financial well-being and operational efficiency,” said Phil Goldfeder, Chief Executive Officer of AFC. “By delivering a secure, user-friendly platform that seamlessly integrates with payroll systems, Immediate empowers workers with real-time access to their wages. Their model aligns with AFC’s mission to support responsible fintech companies that put consumers first, and we’re proud to welcome them into our community.”

Immediate allows employees to securely access the pay they’ve earned when they need it through various channels, including real-time bank transfers, pay cards, and next-day ACH deposits. With a platform that integrates seamlessly into existing payroll and time-tracking systems, Immediate enables businesses to implement real-time pay options without added administrative or compliance burdens. This timely access to wages helps reduce financial stress, boost employee engagement, and support employees’ financial well-being.

“At Immediate, our goal is to provide workers with responsible access to their earnings while making payroll simpler and more efficient for employers,” said Matt Pierce, CEO of Immediate. “Joining the American Fintech Council allows us to work alongside like-minded companies focused on creating better financial outcomes through technology. We’re excited to contribute to a future where financial flexibility is the standard for every workplace.”

A standards-based organization, AFC is the premier trade association representing the largest financial technology (Fintech) companies and innovative banks offering embedded finance solutions. AFC’s mission is to promote a transparent, inclusive, and customer-centric financial system by supporting responsible innovation in financial services and encouraging sound public policy. AFC members foster competition in consumer finance and pioneer products to better serve underserved consumer segments and geographies.

About Immediate
Immediate is a leading fintech company revolutionizing how employers support their teams with pay access. Founded in 2019, Immediate offers a seamless, all-in-one solution—including earned wage access, off-cycle payments, digital tips, and employee pay cards—that integrates effortlessly with existing payroll and time-tracking systems. By reducing financial stress, improving retention, and boosting productivity, Immediate helps employers build a stronger, more engaged workforce.

‍