article thumbnail

Neobank Joust Targets Freelancers With New App

PYMNTS

Feedback indicated that people wanted a “modern, streamlined user experience, ways to quickly visualize their finances, and manage clients, income and payments.” . and by 2027, more than 50 percent of the country’s workforce is anticipated to freelance in some manner, according to 2019 data by Upwork and the Freelancers Union.

Austin 131
article thumbnail

Neobank Joust Raises $2.6M To Improve Freelancer Payments

PYMNTS

The bank guarantees invoice payments and has a “PayArmour” feature for same-day funding, which is available as an app in Google Play and the Apple App Store. “We There are 57 million freelancers in the country, and about half of the American workforce will do some type of freelance work by 2027.

Payments 143
article thumbnail

Are Mobile Payments Finally Ready To Ignite In Japan?

PYMNTS

Included in Japan’s cashless by 2027 plan is doubling the ratio of card and e-money transactions from there within the next eight years in the eventual hopes of building what Prime Minister Shinzo Abe has called a “$1tn-plus cashless market.”. Nearly seven in 10 transactions in Japan remain in cash.

Mobile 154