Lili, the New York- and Israel-based banking app for freelancers, has raised $55 million in a Series B funding round, which brings the startup’s total funding to date to $80 million, Forbes reported. The funding round was led by Group 11, with participation from existing...
Work from home opens the virtual doors for gig workers and employers in need of help, including beyond their national borders. Shany Malbin, director of payments at gig platform Fiverr, says that can get tricky when it comes to compliance, fraud and other payments complexities....
Before the pandemic hit, the global freelancing economy was expected to experience significant proliferation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...
Among the casualties of the pandemic: The gig economy. As estimated by PYMNTS, 40 percent of gig workers have lost at least $10,000 of income since the start of the pandemic. That implies a sizable economic impact, considering that 53 million individuals in the U.S....
July 13, 2020
Before the pandemic hit, the global freelancing economy was expected to experience significant proliferation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing […]
July 06, 2020
Among the casualties of the pandemic: The gig economy. As estimated by PYMNTS, 40 percent of gig workers have lost at least $10,000 of income since the start of the...
September 06, 2018
Freelancing isn't all about being footloose and fancy-free. Navigating paperwork, banking and invoices has its challenges — especially in France. Fresh off a funding round, startup Shine wants to be the freelancer's...
July 27, 2018
The digital economy doesn’t depend on just numbers and images. Words still matter. Companies need lively product descriptions and online ad copy, along with other textual content that serves to...
February 12, 2025
Work marketplace Upwork earned record revenue in 2024 and attributed its gains in part to artificial intelligence (AI). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you […]
May 11, 2021
Lili, the New York- and Israel-based banking app for freelancers, has raised $55 million in a Series B funding round, which brings the startup’s total funding to date to $80...
May 07, 2020
Amid the global COVID-19 pandemic and staggering unemployment rates, Israel-based freelance platform Fiverr International posted big gains in the first quarter of 2020, with a 44 percent increase in revenue...