Moove has secured $76 million in new funding to expand its financial services platform for mobility gig workers. The new funding consists of $28 million in equity from new and existing investors, a process led by Mubadala Investment Company; $10 million venture debt from funds and accounts managed...
Freelance marketplace Fiverr has added two new tools that match businesses with talent. One of the new solutions, Fiverr Pro, is designed to address the needs of larger organizations, the company said in a Tuesday (Aug. 1) press release. This solution combines a curated catalog of professional talent...
A judge has reportedly halted a New York City minimum wage law that is opposed by app-based food delivery firms. New York State Supreme Court Justice Nicholas Moyne issued a temporary halt to the law that would have gone into effect July 12, saying he...
Uber, DoorDash and other app-based food delivery companies are pushing back against a minimum wage law set to take effect in New York City. The law, which will take effect July 12, requires companies to pay delivery workers $17.96 an hour, rising to nearly $20 per hour by April...
With PYMNTS research finding that more Americans are adding side hustles to ease paycheck-to-paycheck living pressures, our Provider Ranking of Gig Apps is the ideal place to see this class of apps at work, so to speak, as the rankings reflect downloads and activity on those platforms....
Freelance marketplace Fiverr has debuted a platform that lets companies manage gig workers. Fiverr Enterprise, announced Wednesday (May 3), gives businesses an all-in-one tool to source, onboard, manage and pay freelance workers, while also simplifying budget tracking, tax, legal and workforce classification and compliance. The...
Payfare, a FinTech serving gig workers, has expanded its partnership with digital banking provider NCR. Under the new collaboration, NCR will offer “self-service financial solutions for Payfare’s cardholders across the United States for both cash in and cash out transactions,” the companies said in a...
Tips and informal, ad hoc work are the mainstays of the gig economy. PYMNTS’ latest report on paycheck-to-paycheck consumers, done in collaboration with LendingClub, found that, overall, consumers are boosting their household cash flow by taking in a collective $52 billion in cash payments each month...
All work is important, so we take the Provider Ranking of Gig Economy Apps seriously. Not overly so, but you get the idea. Let’s see what’s up in the wonderful world of gigs. The Top 5 Staying in place at No. 1 yet moving all...
