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1099 Economy Growth and Challenges

Date post: 07-Apr-2017
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1099 Economy
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1099 Economy

On Demand Local Services(ODLS)

1099 Workforce

● Driver by day

● Task Rabbit jobs between rides

● Blog about the experience in the evening

Flexibility

• Priorities > Work Schedule

• Education

• Childcare

GrowthFinancial Capital:$1.3B in VC invested

Independent contractors: 30% of workforce in 200640% of workforce by 2020

Cashflow Needs

Volatile Supply & Demand

=

Ensure Fast & Secure Payouts

Compliance• Taxes

• Legal

• Insurance

• Rights

Uber

Uber

Costly methods for collecting &

distributing money.

Payment ActivityRiders Use CC through Mobile App:

Percentage Fee + Flat Fee Per Transaction =

Est. $8 million/month in payment fees

Solavei

Incentivized Sharing: Earn + Save

Social Economy

400,000 Members

$29M in payouts since 2012

Risk1099 workforce is redefining

traditional business structure, using

tech and payments platforms that

ensure trust

Zipmark Deposit

✓ Speed to market

✓ Compliance

✓ Branded User Experience

✓ Security

Get in touch

[email protected]


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