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BBVA and Anthemis Back the Gig Economy with Seed Round for Wollit - Finovate
BBVA and Anthemis Back the Gig Economy with Seed Round for Wollit – Finovate
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Banking giant BBVA and VC firm Anthemis have backed U.K.-based Wollit in a $1.3 million (£1 million) Seed round.
Founded last year, Wollit aims to support the 43% of U.K. residents who lack a stable income by helping gig economy workers and independent contractors smooth out their cashflow.
Wollit will use the funds to fuel its flagship product, the Wollit Income Promise. According to…
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#sutterave#wollite#willywanka#fuu#kungfu#beverlyhills#shawn#juan#bailey#kool#g#rap#hot97#power97#bigdaddykane#shawnjuanbailey#african american#wokish
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blindings replied to your post: ive said it before i’ll say it again. why is the...
YOU ARE RIGHT AND YOU /SHOULD/ SAY IT
wollit wizzud
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New Post has been published on Payment-Providers.com
New Post has been published on https://payment-providers.com/bbva-backs-uk-based-gig-economy-fintech-wollit/
BBVA backs UK-based gig-economy fintech Wollit
Spain-based bank BBVA and VC fund Anthemis have joined in a seed investment to support gig economy fintech Wollit.Wollit is hoping to boost the “financial health” of zero-hour and irregular contractors, who total an estimated 14 million people in the UK (and up to 43% of the workforce). The novel-lender joins a nascent but buzzing sub-section of the fintech market dedicated to independent workers and freelancers, who face high fees to access credit and other services due to their unstable incomes.
For BBVA and Anthemis, this means both a financial gap — and a potentially lucrative opportunity. Indeed, BBVA also participated in another gig-economy fintech in the US in 2018, helping the country’s 42m independent employees find ad-hoc work.
Wollit — which is set to go live in the UK in H2 2020 after two years in development — is hoping to address contractors’ uncertainty about earnings. Users will pay a GBP 9.99 monthly subscription for the Income Promise, allowing them to take home the same amount of money each month, regardless of how many hours they’ve work.
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SO F-ING WHAT
Maybe I am a fat, Black, slave. But I’m on a treadmill. I’m Kunta Kinte. Being the best, or in other words, the shit. On a stick, bit sized. SO YOU CAN ALLL BE FILLED. Raissed by the power of WILL Smith and Uncle Phil. and be Key and Peele and Xmas Jaxon Flaxon Wax-on, WAX OFF, and take the wool off of your eye, wollite. It’s just a disguise. Break ties with the lies, not the Families, okay? Que? You say? No, dude, it’s Q. She’s got what you need because shse loves you and LOVE is ALL YOU HAVE TO HAVE. BELIVE THAT, and like Chance the Rapper, love will be all YOU VER GOT.
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New Track From Danny Sprang Reachin To Arl Di Fat Gyal Dem WOLLIT!!!
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