Excerpt from AL.com article. Read more from the original article below.
Matt Pierce is the founder and CEO of Immediate, a Birmingham-based startup headquartered in Innovation Depot, which offers early access to pay for hourly wage workers, breaking the bi-monthly pay cycle that leaves employees tight for cash and easy prey for high-interest loans.
February was Immediate’s best month in terms of sales, Pierce said, and the company looked to be picking up speed. Then came the pandemic. A lot of Immediate’s customers were in senior living and home health, two area impacted by the crisis, with workers pulling longer hours with more stress.
Read more from the original story at AL.com: https://www.al.com/business/2020/05/birmingham-startups-adapting-to-pandemic-needs.html