Gig Wage is a fintech payroll company for gig workers and contractors.
Gig Wage is a fintech payroll company that provides a financial social safety net for gig workers and contractors. Its scalable platform enables businesses to manage contractor payroll, payments, and compliance while delivering greater transparency to their gig workers. Whether they are paying 100 contractors or 100,000 Gig Wage gives the tools to efficiently manage the process while alleviating payments related support.Gig Wage provides an online platform that allows independent contractors to track the amount and type of work they perform for companies, initiate invoices, and receive payments from companies. The partnership also allows Gig Wage the ability to introduce a new debit card with no monthly fee, free online bill pay, and free cash withdrawals at more than 19,000 ATM locations, free cash pick-up at over 7,000 retail locations nationwide, and other products and tools designed for gig workers and their employers. By leveraging Green Dot’s Banking as a Service platform, Gig Wage can now design and deploy its own customized banking and money movement solutions for its customers.Gig Wage is founded in 2014 and is headquartered in Dallas, Texas, USA.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Jul 10, 2021 | Debt Financing | $3.25M | 1 | Silicon Valley Bank | — | Detail |
Jan 11, 2021 | Series A | $2.50M | 1 | The Found Group | — | Detail |
Dec 17, 2020 | Non-Equity Assistant | — | 1 | — | — | Detail |
Oct 27, 2020 | Series A | $7.50M | 4 | Green Dot | — | Detail |
Jul 15, 2020 | Seed | $120K | 1 | Techstars | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Silicon Valley Bank | Yes | Debt Financing |
The Found Group | Yes | Series A |
Green Dot | Yes | Series A |
Revolution | Yes | Seed |
MassChallenge | — | Non-Equity Assistant |
Continental Investors | — | Series A |
Revolution’s Rise of the Rest Seed Fund | — | Series A |
Techstars | — | Series A |
Jason Story | — | Seed |
Stage 1 Ventures | — | Seed |