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....
It’s been over a decade since Uber first launched its ride-hailing app in San Francisco, and in the years since, the notion of the gig economy has come to define a platform-based freelance employment model that takes Uber as its archetype. But gig work has...
Airbnb is debuting a new feature, called Historical Homes, to capitalize on the demand for heritage-related travel and make it easier for guests to find older places to stay, the company announced Thursday (July 7). This comes as bookings for historical homes in the U.K.,...
Food delivery platform Grubhub is giving drivers instant access to their wages following a partnership with PayPal and Visa, according to a press release emailed to PYMNTS on Tuesday (June 14). Instant Cashout via Direct to Debit is enabled by Hyperwallet from Paypal and Visa...
Amazon is ending its Flex gig economy delivery services in Germany, though the eCommerce giant has not given any reason for the closure, Bloomberg reported Tuesday (June 7). Flex began in the U.S. in 2015 and expanded to Germany in 2017. The service pays drivers...
Airbnb co-founder and Chief Strategy Officer Nathan Blecharczyk recently hosted members of the European Parliament to talk about updating European Union rules to help address hosting issues. According to a company blog post published Monday (June 6), the discussions centered around how Airbnb and EU...
Companies see opportunities to help gig economy drivers become even more digitized, offering them more apps, screens and electric cars. In one recent example, Hyundai and Firefly announced April 4 that they are collaborating to promote to rideshare fleets and drivers Hyundai vehicles equipped with...
The gig or sharing economy has become an enticing employment opportunity for people in Latin America over the past two years, especially as new payment methods become available. This is especially true for delivery and rideshare services, with one study showing that on-demand delivery platform...
Renting vehicles to gig economy drivers is a total addressable market that is currently estimated at between 300,000 and 500,000 vehicles, EVmo CEO Stephen Sanchez said Thursday (March 31) during the company’s quarterly earnings call. EVmo serves this market by providing rental vehicles to both...
