Vancouver-based Clio is doubling down on its fintech ambitions with two new financial products designed to transform how law firms manage cash flow and client payments.
The global legaltech leader has launched Pay Later with Affirm and Clio Capital, extending its reach well beyond practice management software into embedded finance — an area where fintech and professional services increasingly converge.
For decades, law firms have faced the same cash flow dilemma: collecting large retainers upfront from clients who may not have ready access to funds. Clio’s new solutions address that challenge head-on.
Pay Later with Affirm enables clients to pay legal fees over time through predictable monthly installments, while firms receive the full amount upfront — reducing risk and administrative friction. Meanwhile, Clio Capital provides firms with fast access to operating capital or growth financing directly within their Clio dashboard.
Both products integrate seamlessly into Clio Payments and Clio Manage, creating an end-to-end fintech ecosystem that combines payments, lending, and compliance in one workflow.
“Financial stress has been one of the most persistent challenges facing law firms and their clients,” said AJ Axelrod, Vice President of Payments and Financial Services at Clio. “With Pay Later and Clio Capital, we are changing that dynamic. These innovations reduce administrative burdens, strengthen client relationships, and allow firms to operate with greater stability and scale.”
The launch underscores Clio’s growing footprint in embedded financial services — positioning the company alongside fintechs that are reshaping how professionals access credit, manage cash flow, and streamline payments. Both Pay Later with Affirm and Clio Capital are expected to roll out to Clio Manage customers in Q4 2025.
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