article thumbnail

Neobank Joust Raises $2.6M To Improve Freelancer Payments

PYMNTS

Freelancers require credit and banking products that mirror the user experience of the consumer market but [offer] the product sophistication of the small business market,” said Dave Fields, founder and managing partner of PTB Ventures. The bank combines an FDIC-insured account and a merchant account and accepts a variety of payments.

Payments 143
article thumbnail

Freelancer Payments Turn Traditional Payroll On Its Head

PYMNTS

The freelance and gig work economy continues to grow, creating wide-open opportunities for FinTechs and service providers addressing a range of new pain points for both the talent and the employer. That figure could rise to 50 percent, it estimates, by 2027. working population. It’s not a U.S.-only ”

Payments 178