PettyGigs Partners with Atomic to Give Teens Flex Jobs, Savings

Gig economy tool for young adults and teens PettyGigs is partnering with white-labeled wealth management and brokerage firm Atomic to launch a single solution for earnings, savings and investing.

“After fleeing the civil war in Liberia to attend college in the US, we lacked flexibility. We worked 2-3 jobs at a time and could not choose when we worked and when we studied. We built PettyGigs so that others do not have to go through the same experience,” William Ward, Co-founder and CEO of PettyGigs, said in a press release on Tuesday (Aug. 23).

By teaming with Atomic, gig workers on the PettyGigs platform can allocate a portion of their earnings from each job into a curated portfolio. The fully diversified account has no minimum deposit or balance requirement and includes direct indexing, tax-loss harvesting and ESG investing.

See also: Real-Time Digital Disbursements Boost Long-Term Loyalty Among Gig Workers

“Financial freedom is not just about one’s ability to earn. Wealth isn’t built by saving — It’s built by investing. The partnership with Atomic has turbocharged our vision of putting every young person on the path to financial freedom,” said Alois Monger, Co-founder and Chief Strategy Officer of PettyGigs.

Headquartered in Charlotte, North Carolina and launched last year by first-generation immigrants, PettyGigs was founded to create socioeconomic mobility for every young person, according to the company’s website.

Read more: FinTechs Use Investing APIs to Help Millennials, Gen Zs Build Wealth

“Our partnership with PettyGigs creates a tremendous opportunity to introduce responsible investing concepts to younger Giggers who are just at the beginning of their wealth-building journeys,” said David Dindi, Co-Founder and CEO of Atomic.

Headquartered in San Francisco and founded in 2020, Atomic enables consumer-facing FinTechs to integrate wealth management and trading into their products. The startup recently closed a Series A funding round backed by QED Partners, Anthemis, SoftBank and Y Combinator.