Mastercard and Stride Team Up to Bring Portable Benefits to Gig Workers

The rise of the gig and independent economy has led to a need for accessible benefits options, as well as the flexibility to move benefits across jobs. Addressing this demand, Mastercard today announced a new strategic partnership with Stride, the leading portable benefits platform for independent workers, to provide customers with the ability to offer cardholders…

Fintech Startup Raises $4.5m to Provide Instant Pay to Hourly and Gig Workers

Clair, an early stage fintech startup based in New York City, wants America’s 82 million hourly workers and 57 million gig workers to get paid as quickly as Uber pays their drivers today: instantly. Today, Clair announced a $4.5 million seed round led by Upfront Ventures, with participation from Founder Collective and Walkabout Ventures. Former Venmo COO Michael Vaughan…

Oxygen Launches Digital Banking Platform for Freelancers

Oxygen today announced the launch of a new digital banking solution specifically designed to meet the unique needs of freelancers and digital natives. Oxygen has built a platform from the ground up to provide flexible banking solutions to the millions of U.S. professionals who thrive on multiple income streams, contract work and freelance gigs. In…

Latest Gig Salary Index from Steady

Steady, a groundbreaking platform that advises and advocates for gig workers seeking stable income in America, today unveiled its Steady Gig Employment Index for 2019 demonstrating where hourly W2 and 1099 workers generated their income1. Last year, the median Steady member earned $3,761 per month. The Steady platform has over 1.6 million members. Data for…

Dave Banking App Launches Side Hustle Job-Finding Feature

Amid unprecedented unemployment claims, Dave has adapted its Side Hustle feature to its customers’ challenges, offering new options for remote work amid coronavirus-related work disruptions. In just the past two weeks, 70,000 people have applied for work-from-home jobs through Side Hustle. In a recent survey of more than 7,000 Dave customers, 21% said that their pay would…