# Clockout Financial

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/clockout-financial

- Industry: Financial Services
- Headquarters: Cooper City, US
- Website: www.joinclockout.com
- Total disclosed funding: $2M
- Latest round: Seed (Jun 18, 2025)
- Investors on record: 7

## About

Clockout Financial Inc specializes in providing Earned Wage Access (EWA), allowing employees to access their earned wages before scheduled payday, thereby alleviating financial stress.Clockout Financial Inc, founded in 2021, offers Earned Wage Access (EWA) solutions that enable users to access wages ahead of payday directly through banking apps. The company is located in Miami, US, and has completed 1 deal as of March 9, 2025. The founder has not been disclosed, nor is there information on any previous companies founded by them.Clockout® offers Earned Wage Access (EWA) as its core product, enabling account holders to access their earned wages prior to the scheduled payday directly through their banking apps. This service is designed to address financial stress and unexpected expenses faced by employees, thereby reducing the need for high-interest loans. Clockout integrates seamlessly into existing banking platforms, partnering with major core banking providers including Jack Henry, Fiserv, and Q2, which allows for a swift deployment process. The company caters to a diverse client base, including retail banks and commercial institutions, primarily serving the U.S. market, where over 85% of the workforce is eligible for EWA through its connectivity with more than 1,600 payroll systems. By offering this service, Clockout positions financial institutions as innovative leaders focused on enhancing the financial well-being of their customers.Clockout generates revenue through partnerships with financial institutions that implement its EWA solutions. The revenue model typically involves a subscription or service fee structure, which banks pay in exchange for integrating Clockout’s technology into their digital banking services. This relationship allows financial institutions to offer a valuable service to their customers, promoting increased account retention and growth in core deposits. Transactions occur as customers access their earned wages through their bank's app, facilitating direct financial interactions without the need for extensive changes to existing banking processes. Clockout's flagship offering, the EWA service, is pivotal in enhancing the financial wellness of users while simultaneously benefiting partner banks through improved customer loyalty and acquisition.In March 2025, Clockout Financial Inc raised an undisclosed amount of venture funding from new investor Market Square Ventures. This funding will support the development of new products aimed at expanding their EWA solutions. Additionally, the company plans to extend its services into new geographic markets, including expanding its footprint to international regions by the end of 2025.

## Funding rounds

- Seed, Jun 18, 2025, $2M — Cofounders Capital, Launch Tennessee, Front Porch Venture Partners, Erez Capital, Brickyard, OneSixOne Ventures, Market Square Ventures

## Investors

- Cofounders Capital (https://capitalatlas.ai/funds/cofounders-capital) — Seed
- Launch Tennessee (https://capitalatlas.ai/funds/launch-tennessee) — Seed
- Front Porch Venture Partners (https://capitalatlas.ai/funds/front-porch-venture-partners) — Seed
- Erez Capital (https://capitalatlas.ai/funds/erez-capital) — Seed
- Brickyard (https://capitalatlas.ai/funds/brickyard) — Seed
- OneSixOne Ventures (https://capitalatlas.ai/funds/onesixone-ventures) — Seed
- Market Square Ventures (https://capitalatlas.ai/funds/market-square-ventures) — Seed