Clockout Raises $2 Million Seed Round to Provide Earned Wage Access for Financial Institutions

Innovative fintech startup Clockout secures investment to expand embedded Earned Wage Access (EWA) solutions

CHATTANOOGA, TN June 18, 2025 — Clockout, a pioneering fintech company specializing in embedded Earned Wage Access (EWA) solutions for banks and credit unions, announced today the successful close of a $2 million seed funding round. The round was led by Cofounders Capital, with participation from Brickyard VC, Front Porch Capital, Market Square Ventures, Launch TN, OneSixOne Ventures, and Erez Capital.

Clockout has developed the first integrated Earned Wage Access infrastructure enabling financial institutions to offer customers instant access to earned wages directly through their banking apps. This groundbreaking technology supports over 1,600 payroll systems and seamlessly integrates with core banking providers such as Q2 (NYSE: QTWO), Jack Henry (NASDAQ: JKHY), and Fiserv (NYSE: FI). The solution aims to provide financial institutions with a powerful tool to attract and retain customers, boost core deposits, and significantly reduce reliance on predatory payday loans and overdraft fees.

"This funding round underscores the importance of empowering financial institutions with innovative liquidity solutions," said Juan Jurado-Blanco, Co-Founder and CEO of Clockout. "We're excited to partner with a group of esteemed investors who share our vision of transforming financial wellness and accessibility. This investment will accelerate our product development, enhance strategic partnerships, and expand our team, further enabling banks and credit unions to deliver essential financial services to millions of Americans."

Clockout's platform offers financial institutions a quick-to-market, secure, and user-friendly embedded EWA product. By embedding Clockout directly into mobile banking apps, banks and credit unions can leverage their existing customer relationships to drive growth, enhance user engagement, and significantly improve customer retention rates.

Tobias Walter, Partner at Cofounders Capital, remarked, "Clockout’s innovative approach and robust technology uniquely position financial institutions to compete effectively against neo-banks and fintech companies. We're confident that Clockout will have a substantial impact on the industry, improving financial stability and fostering greater customer loyalty."

Clockout is currently expanding its partnerships with financial institutions nationwide, providing a scalable and cost-effective solution that enhances customer satisfaction and financial health.

About Clockout

Founded in 2022, Clockout provides embedded Earned Wage Access infrastructure solutions for banks and credit unions. By enabling financial institutions to seamlessly integrate EWA into their mobile applications, Clockout helps millions of consumers avoid costly payday loans and overdraft fees, promoting greater financial inclusion and stability.

About Co-Founders Capital

Co-Founders Capital is an early-stage seed fund dedicated to supporting innovative startups with transformative technology solutions. With a strong network of experienced entrepreneurs and advisors, Co-Founders Capital helps startups rapidly grow and scale, driving meaningful change across various industries.

Media Contact: Anthony Tardugno, Clockout Email: anthony@joinclockout.com