New financing and product enhancement fuels Sorbet’s growth as demand surges for solutions that allows employees to advance the dollar value of their unused PTO
NEW YORK, June 3, 2025 /PRNewswire/ — 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…