The Ubers and TaskRabbits of the world fueled the creation of a whole new layer of the labor market, which now spans across (arguably) every imaginable industry.
Just like with every new industry, the gig economy is now in need of products and services, designed specifically for its unique market. Finance and insurance products, are, of course, on top of that list. Already, many FIs have jumped on the gig bandwagon; GreenDot, for example, partnered with Uber and Mastercard last year to offer instant pay for on demand workers.
