Glovo faces safety protests after delivery rider killed on the job

Spanish on-demand delivery startup Glovo is facing angry protests from couriers on its platform following the death of a 22-year-old rider on Saturday in Barcelona where the business is headquartered. Local press reports that the man, a Nepalese national called Pujan Koirala, had been substituting for a registered Glovo courier at the time he was […]

Fiverr files to go public, reports revenue of $75.5M and a net loss of $36.1M for 2018

Freelance marketplace Fiverr has filed to go public on the New York Stock Exchange. The company, which is headquartered in Tel Aviv, is losing money — its net losses grew from $19.3 million in 2017 to $36.1 million in 2018. At the same time, revenue grew by nearly 45%, from $52.1 million to $75.5 million. […]

SoFi launches gig-focused ETF

SoFi is one of the leading fintech startups to emerge from San Francisco and breach the financial markets. Originally started as a way to better finance student debt, it has since expanded to include products targeted at personal loans and home loans. Today, the company announced a new exchange-traded fund (ETF) product focused on the […]

YC alum Keeper raises $1.6M to help gig workers pay taxes

Every year around this time, Uber drivers, Wag dog walkers, Bird scooter chargers, social media influencers and other gig economy workers face the unsightly challenge of paying their taxes. Companies like Uber and Lyft classify their drivers as independent contractors, which means you aren’t given any benefits and the company doesn’t withhold any of your […]

Thumbtack now offers benefits to independent contractors

The gig economy has been under much scrutiny as of late due to the way it pays — or, skirts around paying — its independent contractors. Thumbtack, a platform for finding professionals to do anything from home maintenance do DJing a party, is now offering benefits to some of its independent contractors. “In a time […]

How Jyve secretly raised $35M & built a $400M retail gig economy

What if instead of just accepting Uber rides, gig workers could pick from higher-paying skilled tasks around town like stocking shelves, checking inventory or driving a forklift at a local grocer? When they work quickly and accurately or learn new trades, they get to choose between more complex jobs. That’s the idea that’s racked up […]

New York’s Taxi and Limousine Commission approves minimum wage rules for app-based drivers

The New York City Taxi and Limousine Commission has approved new rules designed to provide a minimum hourly wage of $17.22 (after expenses) for drivers who work with app-based services like Uber, Lyft, Via and Juno. Fast Company reports that the rules try to deliver that wage by requiring drivers be paid according to a […]

Portify raises £1.3M to help gig economy workers improve their financial well-being

Portify, a London fintech startup that offers an app and various financial products to help gig economy workers better manage their finances and in turn improve financial well-being, has raised £1.3 million in seed investment. The round was led by Kindred Capital and company builder and investor Entrepreneur First (EF), with participation from various unnamed […]

Glovo gets $134M to beef up its on-demand delivery business

Spanish startup Glovo, whose platform lets app users summon a gig economy worker to shop on their behalf, be it for a takeaway burger or a multi-bag supermarket shop, has bagged a €115 million (~$134M) Series C round of funding. Spanish press are reporting the round values Glovo’s business at more than €300M. The lead investors […]

Deliveroo employees are getting shares, riders are getting nothing

Food delivery startup Deliveroo is feeling generous today. The company is handing out equity to all full-time staff members. In other words, 2,000 employees are going to receive the equivalent of $13.5 million in Deliveroo shares. “Our phenomenal growth and success has been made possible thanks to the hard work, commitment and passion of the […]