Spayr, a La Trinité-sur-Mer, France-based on-demand salary payment solution provider, raised €2.5M in Seed funding.

The round was led by Blast.Club with participation from FBA (Femmes Business Angels) and other fintech angel investors.

The company intends to use the funds to expand operations and its development efforts.

Co-founded by Louis Ajacques, Paul Riché and Pierre Olive, Spayr provides an on demand salary platform that gives access to part of already earned salaries in a single payment, 24/7 and instantly, with the possibility for companies to set their own limits and features support modules for budget management, which are based on tips and practical advice, renegotiation of current charges (energy, telephon, etc.), and individual coaching for employees to improve how to manage their finances.

To date, the platform has already won over around twenty medium-sized companies and major clients in sectors such as hotels and restaurants, distribution, retail and logistics, for a global coverage of 30,000 employees.