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Nico Simko
Founder & CEO at Clair
Nico Simko is a well-educated and accomplished professional with a diverse background in economics, physics, and mathematics.
Having studied Economics at Harvard University for his Bachelor's degree, Nico also pursued Physics and Applied Mathematics at Ecole MOSER, receiving a Maturité Fédérale Suisse.
His career path showcases a range of experiences, from holding the positions of Associate and Analyst at J.P. Morgan to becoming an Angel Investor at Founder Collective.
Currently, Nico serves as the Founder and CEO of Clair, demonstrating his entrepreneurial spirit and leadership skills.
Highlights
🚀 Clair powers Gusto's new on-demand pay solution! 🚀
I am thrilled to announce a groundbreaking partnership with Gusto, a leader in payroll serving over 300,000 businesses nationwide, who successfully embedded Clair's on-demand pay solution directly into their Gusto Wallet application.
As Clair grew over the years, it became clear that payroll and workforce management platforms are evolving into trusted workforce super apps, the perfect platforms to offer America's workforce better financial services. Although employees do trust their managers for everything pay & healthcare, by 2027 no employee will need to bother their bosses or HR for things like short term liquidity needs. Workforce apps that are intuitive enough to be self-served will offer consumer fintech products. No new app required - it'll be right there. Our vision is that the well-designed products will be the instigators of the next wave of innovation in financial services for the 100M+ people in the US workforce needing these products. Our vision is to support them on that journey.
Thus, we are stepping away from mandating users to go to the Clair app or use the Clair card as default. Instead, we’re placing a significant bet on our incredible partners, like Gusto. Today, we’re proud to share that the latest batch of employees successfully accessed funds in under 39 seconds without leaving the Gusto Wallet app. Many of the users have left other direct-to-consumer liquidity products they typically use to upgrade to this integrated solution. This seamless, co-branded experience, was crafted in collaboration with Gusto’s thoughtful team led by Dan, Jeff, Dave, Kamilah and Joseph.
On this journey it became clear to us that many workforce apps who have been looking at shipping employee financial products would do so, should they find the right fintech partner and Bank to work with, especially as compliance continues to be paramount to the long term success of these programs. I want to take a minute to thank Brett, Anthony, Christopher, and Lucas from Pathward, a national bank, who innovated with us to get to this point.
A huge thank you to the leadership of everyone at Gusto, the Clair team and our Board for their unwavering support.
It feels like Day 1. Let’s go!
cc: Alex, Kareem, Aditi, Belen, Michael, Erich, Wesley, Micah, Amanda, Hunter, Erik, Trever, Aaron, Oliver, Mark, Sean, Joel, Pranam, Damian, Nick, Rosalie, Charlotte, and Olivia
