gig economy

Ride-Hailing Platforms’ Earnings Underscore Gig Economy’s Momentum
Ride-Hailing Platforms’ Earnings Underscore Gig Economy’s Momentum
August 13, 2024  |  Gig Economy

The side hustle — and the ancillary streams of income those hustles provide — now is a lifeline in the paycheck-to-paycheck economy, across all income...

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Fiverr Sees 6% Revenue Rise in Q2 Despite ‘Volatile’ Market for Freelancers
Fiverr Sees 6% Revenue Rise in Q2 Despite ‘Volatile’ Market for Freelancers
July 31, 2024  |  Earnings

Freelancer platform Fiverr saw its revenue rise 6% year over year, to $94.7 million, in the second quarter of 2024 despite macroeconomic volatility. In the...

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Uber, Lyft Applaud California Supreme Court Ruling on Gig Workers
Uber, Lyft Applaud California Supreme Court Ruling on Gig Workers
July 25, 2024  |  Gig Economy

The California Supreme Court ruled Thursday (July 25) that gig workers can be classified as independent contractors, ending a long legal battle in the state....

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OCN Raises $86 Million to Expand Gig Worker Platform
OCN Raises $86 Million to Expand Gig Worker Platform
July 15, 2024  |  Investments

OCN, a gig worker-focused FinTech formerly called OneCarNow, raised $86 million in equity and debt in a Series A funding round. The firm, based in...

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Cross River and MassPay Team to Expand Instant Payment Access
Cross River and MassPay Team to Expand Instant Payment Access
July 09, 2024  |  Partnerships

Cross River Bank has formed a partnership with payments solution provider MassPay. The collaboration, announced Tuesday (July 9), is designed to expand access to domestic instant payments, particularly in...

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TaxBit and Taina Partner on Gig Economy Onboarding, Tax Reporting
TaxBit and Taina Partner on Gig Economy Onboarding, Tax Reporting
July 08, 2024  |  Taxes

Tax compliance solution providers TaxBit and Taina Technology have teamed up to help digital marketplaces with their onboarding and reporting needs related to gig workers....

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Uber and Lyft Settle Massachusetts Lawsuit, End Ballot Initiative
Uber and Lyft Settle Massachusetts Lawsuit, End Ballot Initiative
June 28, 2024  |  Gig Economy

Uber and Lyft agreed to a settlement with the Massachusetts Office of the Attorney General, resolving the office’s multiyear litigation against the ridesharing companies. The...

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Uber Responds to NYC Minimum Pay Rule With Driver Lockouts
Uber Responds to NYC Minimum Pay Rule With Driver Lockouts
June 24, 2024  |  Gig Economy

Uber has reportedly been locking out drivers from its app during periods of low demand over the past month in response to New York City’s...

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Razorpay Facilitates International Payments for Indian Freelancers
Razorpay Facilitates International Payments for Indian Freelancers
June 24, 2024  |  Cross-border Payments

Razorpay now enables Indian freelancers to reduce the cost of accepting international payments. The company’s MoneySaver Export Account allows freelancers to open an account in...

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