Several startups are looking to streamline operations in the gig economy by providing insurance, advancing paychecks, tracking expenses, and more.
Fintech startups are emerging to help fill the needs of companies and workers in the gig economy.
Today, about 16.5M people in the US are working on “alternative work arrangements,” according to the Bureau of Labor Statistics. As the definition of work continues to change — so do the needs of many companies and workers.
Using CB Insights data, we identify 7 startups building financial products to service the growing segment of gig and hourly workers.
Companies were selected based on recency of funding, investor quality, and Mosaic Score — CB Insights’ algorithm that uses financial and non-financial signals to predict private company health.