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Moves raises $5m in Seed funding

Toronto based banking app for gig workers raised $5m in seed funding led by OMERS Ventures.

“The gig economy is surging, yet its workers continue to be left behind. Recent studies have shown that 80% of gig workers report an unexpected expense of $1,000 would be difficult to pay. Our commitment to helping our members starts with reducing day-to-day financial challenges and then grows to give them a seat at the table as shareholders. As we move forward in our journey, we are grateful to those investors who are joining us in our support for gig workers.”

Tags

gig economy, banking