Introducing the next generation of financial freedom for independent workers – with Puulse
Launching today, Puulse is a new financial services platform for freelancers – offering free advance payments for gig workers experiencing a drop in productivity.
For all the benefits of the freelance lifestyle and the prevailing gaming economy, remuneration remains a sticking point. Not knowing when – or even if – a client is going to pay can cause real stress. Making freelancers financially insecure. To make matters worse, with inflation and the cost of living making the economy ever tighter. By offering free, instant payment, Puulse aims to tip the balance in favor of freelancers.
Able to work alongside any freelance platform, Puulse empowers freelancers over their finances. The app-based service enables gig workers to access the money owed to them at a time that suits them. They just need to download the app, register and change the IBAN on the Puulse app. So, when a job is completed, workers have access to their earnings immediately. Puulse will pass on the funds within a few moments, and then follow up with the freelancer’s client. Ensure workers are never left waiting for their hard-earned money.
But the benefits of Puulse do not end there. If a freelancer experiences a difficult month, they can withdraw advance payments without interest or late fees. Covers the deficit when the cash starts rolling in again. And to make life easier, Puulse can also assist with freelancers’ self-declaration of tax returns. Keep track of payments for a smooth submission at the end of the financial year.
Steve Fepeussi, co-founder of Puulse, comments: “Freelancers contribute approximately £20 billion to the UK economy each year. But they are still a massively underserved resource. With many experiencing poor treatment and struggling to access their rightful funds.
“The aim of Puulse is not only to streamline the payment process for freelancers, and give them access to their income immediately. But to introduce fairness and stability to the space. By giving freelancers the stability currently lacking in the industry.’
“We seek to create an entire financial ecosystem for the gig economy,” adds co-founder Mounir Felloula. “By producing products that the next generation of freelancers love, we want to create a new financial experience. Support today’s freelancers and make the gig economy a more sustainable option for the future.’
Puulse has launched to UK and European audiences with a potential rollout to other territories later in the year.