Gig Wage, a Dallas-based payments platform for gig workers, has secured $8.25 million in a Series A funding extension, bringing its total funding to $20.2 million. The company is launching “Gig Wage 2.0,” a new platform offering tools for contractor payments, health benefits, invoicing, and onboarding, aiming to streamline payroll for independent contractors. Despite previous challenges, including a platform rebuild following the bankruptcy of its former partner, Gig Wage has seen substantial growth, paying out nearly $1 billion to contractors and achieving profitability in 2023.
Fintech Startup Reaches $20.2M to Support Gig Workers