Tagged: freelancers

Archie, a Fintech for Freelance Workers, Launches with $4.5M in Funding

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Archie, the firm that is building the financial infrastructure for the freelance economy, is officially launching operations, with its first product to assist businesses with onboarding, managing and paying independent workers. Archie is also announcing $4.5 million in funding from B Capital Group, Mac Ventures,… Read More

Visa Canada, DoorDash Support Real-Time Digital Payments via Fintech Stripe

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Visa (NYSE: V) has announced a new offering with DoorDash, a “last-mile” logistics platform, in order to help enable faster payouts “to eligible Dashers across Canada.” The latest feature, called DoorDash Fast Pay, is “facilitated by Stripe’s Instant Payouts product, made available through Stripe’s financial… Read More

Catch, a Benefits Product Provider, Announces Free Personal Payroll for Freelancer Workers

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Catch, the first and “only” personal payroll and benefits product, announced the launch of free automated income tax routing, “alongside a new brand identity.” With Catch, self-employed people are able to “automatically route their income — for free — setting aside for taxes, retirement, and… Read More

Workforce Payments Platform Branch Is Working with HR, Payroll, Compliance Software Firm Greenshades

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At workforce payments platform Branch, the firm claims that they love partnerships, especially with companies that share “a commitment to financial inclusion.” That’s why they’re really pleased to confirm that they’re working with HR, payroll, and compliance software Greenshades to offer fee-free financial services to… Read More

Crunch, an Online Accountancy Software Platform for Small Businesses, Acquires £672,965 via Seedrs

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Crunch, an online accountancy software & service platform for freelancers and small businesses, has secured 112% (£672,965) of its £600,002 target from 272 investors (at the time of writing) via Seedrs with 2 days left in the firm’s crowdfunding campaign. Based in Brighton, United Kingdom,… Read More

Singapore Insurtech Gigacover to Expand Operations into the Philippines

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Gigacover, a Singapore-headquartered Fintech firm that offers gig workers with access to employment/worker benefits, has announced that it’s expanding its operations into the Philippines, which has a 1.5 million+ informal workforce. Gigacover provides freelancer workers with special incentives associated with maintaining regular employment. In statements… Read More

TheJobApp to Pay Gig Workers Right After their Shift Ends, Available Across the UK

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TheJobApp, a newly developed app that has been introduced to improve gig working and support businesses, will be available across the United Kingdom. This proposition aims to provide immediate payments after shifts and assists businesses with sourcing the best gig economy workers in an efficient… Read More

Chicago’s Startup Paro, a Provider of On-Demand Financial Expertise, Secures $25M via Series B

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Paro has announced a $25 million Series B funding round. The rapidly-growing startup offers businesses with flexible finance solutions through teams of remote finance professionals in order to help them address problems and support their ongoing growth. Paro, a Chicago-based startup “disrupting” the way firms… Read More

Global Card Issuing Platform Marqeta to Help Expand Reach of Payfare’s Payout Services to Gig Economy Sector

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Marqeta (NASDAQ: MQ), the global modern card issuing platform, and Payfare (TSX: PAY), a Fintech firm focused on offering instant payout and digital banking services for contract professionals, have formed a new partnership in order to expand the reach of Payfare’s platform to the fast-evolving… Read More

Dubai Fintech Mamo Secures $8M via Pre-Series A Round, Will Expand Operations into UAE, Saudi Arabia

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Dubai-headquartered Fintech firm Mamo has reportedly secured $8 million through a pre-Series A funding round. Mamo offers a digital wallet and payments platform and has previously raised $1.5 million in order to launch a peer to peer payments app. As mentioned in a release shared… Read More

Mobile Banking Services For US. Freelancers Lili Scores $55 Million Through Series B Round Led By Group 11

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  Lili, a U.S.-based mobile banking app specifically for freelancers, announced on Tuesday it secured $55 million through its Series B investment, which was led by Group 11 with participation from Target Global and AltaIR. The investment round brings Lili’s total funding to $80 million. … Read More

Branch, an Employer Payments Platform, and Card Issuance Platform Marqeta Share Latest on Payments Preferences for Gig Workers

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Branch, an Employer Payments Platform, and global card issuing platform Marqeta have shared the findings from a study on the work and payments “preferences” of gig workers. Surveying more than 1,000 workers who began engaging in gig and 1099 work during the past six months,… Read More

Garanti BBVA Launches Banking Account Aggregation Service For Businesses, SMEs, & Freelancers

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  Garanti BBVA, BBVA’s Turkish unit, announced on Monday the launch of its new bank account aggregation service specifically for businesses, SMEs, and freelancers. According to Garanti, the services allow clients to view the amount debited and credited to their non-BBVA accounts. Garanti did explain… Read More

Payoneer Research Reveals that Gig-Economy has “Bounced Back” Mainly due to Companies Hiring Freelance Workers

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Payoneer Inc., the global payment and commerce-enabling platform, has published a blog post in which it argues that freelancing or the gig economy is “here to stay.” Kareen Friedman (from Payoneer), who focuses on the freelance and service providers sector, writes that it should be… Read More

Dayra, an Egyptian Credit Solutions Fintech for Gig Workers, Secures $3M in Funding, Joins Y Combinator

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Egyptian Fintech firm Dayra has reportedly joined Y Combinator and has also acquired $3M in pre-seed funding. Dayra is a Cairo-headquartered Fintech company offering modern financial services to the nation’s unbanked gig economy workers and micro-businesses. Darya has reportedly joined Y Combinator’s Winter 21 batch,… Read More

MicroWorkers Integrates with Ontology’s ONTO Digital Wallet to Facilitate Additional Payment Options for Workers

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MicroWorkers has integrated Ontology’s ONTO wallet in order to facilitate additional payment options for workers. MicroWorkers’ integration of ONTO wallet completes the latest phase in their joint venture with the Ontology development team. Through the partnership, MicroWorkers plans to continue to promote users’ access to… Read More

European Fintech Startup Nomo, a Business Management Solution Provider for SMEs, Acquires €2.5 Million Investment

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Banco Sabadell (BME:SAB), a Spanish multinational financial services company headquartered in Alicante and Barcelona, Spain, has reportedly invested €2.5 million in Nomo, an inhouse incubated initiative that spun out from the banking institution. The startup offers various business management tools for SMEs and sole traders…. Read More

Gig Economy Is Growing Rapidly in Malaysia but More Inclusive Financial Services are Needed, According to Industry Professionals

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The gig economy has been growing steadily in Asian countries like Malaysia, particularly at a time when the COVID-19 outbreak is forcing residents to pick up side jobs to supplement their earnings during these uncertain times. Although the gig economy or temp work opportunities are… Read More

California based Banking Platform Green Dot Partners Gig Wage to Offer Financial Tools to Gig Economy Workers

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California based banking platform Green Dot is reportedly investing in and teaming up with startup Gig Wage in order to bring key financial tools to gig workers. Green Dot recently led a $7.5 million Series A investment round for Gig Wage. Continental Investors, Techstars, and… Read More

Business Finances Management App Coconut Integrates with Tide, Transferwise, Tesco Bank, Virgin Money

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Sam O’Connor, the CEO at Coconut, a company that provides a tool for self-employed individuals that helps them manage their business finances, has confirmed that their platform now connects with Tide, Transferwise, Tesco Bank and Virgin Money. O’Connor noted that they’ve added four more banking… Read More

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