Sorbet, the leading fintech platform that helps employees access the financial value of their unused Paid Time Off (PTO), today announced a $25 million debt facility from a fund managed by Pier Asset Management, a private credit investment firm supporting high-growth fintech companies. This announcement comes at a critical moment, as persistent inflation and tighter credit markets have left many Americans with fewer options to access much-needed liquidity. The new facility will allow Sorbet to meet strong and sustained demand from employers and employees nationwide.
Sorbet has emerged as the category leader in unlocking the hidden monetary value of PTO, enabling employees across the U.S. to advance their…
