Instant Financial Appoints New Chief Technology Officer, Promotes Leadership

New CTO and promotion of executive team members position company for anticipated future growth

Atlanta, Georgia – September 27, 2022Instant Financial, the pioneer of fee-free, responsible earned wage access solutions to help employees take control of their financial wellness, today announced that it has appointed Ilich Martinez as Chief Technology Officer. In this role, Martinez will guide the technology and product strategy for the organization.

Martinez joins Instant after 20 years in various leadership roles across the financial services and technology sectors, including senior positions at Lehman Brothers, Bank of America and Neuberger Berman.

“Since I started my career, I’ve always had a passion for making a positive impact on people’s financial lives by leveraging the power of technology.” said Mr Martinez. “At Instant Financial, I’m excited to get the chance to do that on a daily basis by giving workers the freedom of instant access to their wages.”

A published author, and the holder of 4 patents on digital banking innovation, Martinez brings a wealth of experience that he will lend to Instant’s continued mission of providing fee-free, responsible, on-demand pay.

“We’re thrilled to have a technology veteran of Ilich’s caliber join our team,” said Tal Clark, CEO of Instant. “Ilich’s experiences in both start-up and enterprise organizations give him a unique perspective, and as Instant continues to offer the leading set of responsible, on-demand pay solutions in the industry, Ilich’s guidance will ensure our technology is second to none.”

Instant also announced the promotion of two key executives. Chip Harden, Instant’s Chief Revenue Officer, has been promoted to oversee Instant’s customer success and implementation teams. Doug Denny is the new Senior Vice President, Sales, where he will lead the sales team as they penetrate new verticals and continue to serve a broad cross-section of customers.

As the on-demand payment space evolves and adapts to the changing expectations of today’s employees, continued investment in talent allows Instant to deliver on the needs of employers seeking fee-free, non-predatory solutions to address employee financial wellness. For more information about Instant Financial and the fee-free solutions we offer, please visit www.instant.co.

About Instant Financial

Instant Financial is leading the charge to provide financial freedom and wellness to millions of workers in the United States through its earned wage access solutions. By enabling employers to allow employees to access their daily wages immediately after their shift, Instant Financial helps organizations improve retention and reduce absenteeism while helping employees take control of their financial freedom by bridging the gap between work day and payday. Learn more about Instant Financial at www.instant.co.

Amelia Wright
amelia.wright@alloycrew.com
617-429-7857

Ryan Ashton
ryan.ashton@instant.co
604-364-3361