“Can a healthcare-shift marketplace with per-diem workers become the default financial rail for a fragmented $100B+ contingent healthcare workforce by anchoring on instant pay?”
Clipboard Health launched in 2016 as a healthcare staffing marketplace focused on long-term care, matching per-diem nurses/CNAs with facilities. The embedded finance layer emerged from a core marketplace need: same-day worker payouts (InstantPay) that use location/NFC verification to trigger disbursement via Stripe Connect. The company has resisted issuing its own cards or building deeper financial products; the fintech stack remains lean and payout-focused, with Stripe handling contractor payouts and Invoiced handling AR for facilities.
Clipboardhealth processes payments through Stripe and Invoiced.
Clipboardhealth's payroll is powered by Stripe.
Clipboardhealth integrates with UKG.
The Embedded Finance Index 2026 maps 3 layers in Clipboardhealth's stack: Payments / PSP (Stripe and Invoiced); Payroll (Stripe); Accounting (UKG).
Clipboardhealth was founded by Wei Deng and is founded in 2016, headquartered in Covina, CA (San Francisco-founded, remote-first).
Clipboardhealth has raised $94.1M in total (latest round: Series C, 2022; valuation: $1.3B post-money (2022)).
Get a read on where your own stack stands against Clipboardhealth and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.