Millions of independent contractors are making money in the gig economy, but many don’t have access to financial credit services to help grow their personal microbusinesses.
Level wants to help. The Seattle startup partners with marketplace platforms such as Dolly and Keepe, which use Level to offer workers flexible credit options that are only paid back when they earn.
Level CEO and founder David Edelstein said the company is seeing traction amid the pandemic as both supply of workers and demand for on-demand services rises. Level is on track to extend more than $1 million in cash advances by the end of the year.
Recent Comments