PYMNTS-MonitorEdge-May-2024

Freelancing

Lili Notches $55 Million For Freelancers’ Digital Banking Service
Lili Notches $55 Million For Freelancers’ Digital Banking Service
May 11, 2021  |  Investments

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...

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Fiverr On Fostering Trust Across Global Freelancing Marketplaces
Fiverr On Fostering Trust Across Global Freelancing Marketplaces
July 27, 2020  |  Payments Powering the Platform Economy

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...

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Fostering Payments Trust In A Global Freelance Economy
Fostering Payments Trust In A Global Freelance Economy
July 13, 2020  |  Gig Economy

Before the pandemic hit, the global freelancing economy was expected to experience significant proliferation. Today, while shutdowns have led many businesses to temporarily halt non-essential...

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How One Gig Platform Is Reinventing The Gig Worker Experience By Boosting Their Wages
How One Gig Platform Is Reinventing The Gig Worker Experience By Boosting Their Wages
July 06, 2020  |  Gig Economy

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...

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Deep Dive: How Automation Can Improve The Invoicing Experience During The COVID-19 Pandemic
Deep Dive: How Automation Can Improve The Invoicing Experience During The COVID-19 Pandemic
May 12, 2020  |  Gig Economy

Paying out invoices to contractors or freelancers can be extremely time consuming for businesses that rely on manual processes. Firms must not only confirm that...

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Why Steady Payments Are Key To Attracting Highly Skilled Gig Workers
Why Steady Payments Are Key To Attracting Highly Skilled Gig Workers
May 11, 2020  |  Gig Economy

Flexibility is the reason why many workers choose to freelance, but experienced and highly skilled workers also want the certainty of a steady paycheck. In...

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Freelance Platform Fiverr Posts 44 Pct Q1 Revenue Increase
Freelance Platform Fiverr Posts 44 Pct Q1 Revenue Increase
May 07, 2020  |  Earnings

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...

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Adecco Slowdown Hints At EU Gig Economy Hiccup?
Adecco Slowdown Hints At EU Gig Economy Hiccup?
September 20, 2018  |  Gig Economy

The gig economy heralds a sea change in how we work. But that does not mean that it’s all smooth sailing. Adecco illustrated some hiccups...

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Why Gig Workers Need Their Own Bank
Why Gig Workers Need Their Own Bank
September 06, 2018  |  Gig Economy

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...

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