Gig economy worker income platform SteadyPay raises £4m

London-based SteadyPay helps freelancers and gig workers stabilize their income

SteadyPay Raises $5M in Series A Funding

SteadyPay, a London-based startup providing a payment platform for gig economy workers and freelancers, has raised £4 million in a Series A funding round led by Digital Horizon. Other investors include Ascension Ventures, the UK government's Future Fund, and angel investors. The funding will be used to expand SteadyPay's product offerings and address the financial needs of gig workers. SteadyPay's technology uses open banking to integrate with a gig worker's bank account and calculates their average monthly income. If their income falls below that figure, SteadyPay offers to top it up, with users repaying through interest-free payments. The company charges a £4 weekly subscription and administration fees.

SteadyPay Secures £4 Million Series A Funding to Support Gig Economy Workers

SteadyPay is a London-based startup that provides a payment platform for gig economy workers and freelancers. The company's technology uses open banking to integrate with a gig economy worker's bank account and calculates their average monthly income. If their income falls below that figure, SteadyPay offers to top it up, with users repaying through interest-free payments. SteadyPay charges a £4 weekly subscription and administration fees.

A payment platform for gig economy workers and freelancers.

3 years ago

SteadyPay Secures £4 Million Series A Funding to Support Gig Economy Workers

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