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indi (company)

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indi
ISIN🆔
Industry
Founded 📆2019
Founder 👔
Headquarters 🏙️Pittsburgh, PA, United States of America
Area served 🗺️
United States of America
Members
Number of employees
🌐 Websitegoindi.com
📇 Address
📞 telephone

indi (spelled with a lowercase "i"), is a company for Instant payments and mobile banking. indi's financial technology platform lets businesses pay independent contractors instantly to a debit card. indi services include mobile banking, instant payment options, and saving account for taxes.[1]

Their slogan is “Payments for today. Financial tools for the future."

History[edit]

indi was launched in 2019 as a part of numo, a Fintech incubator supported by PNC Financial Services, or PNC.[2] It is based out of Pittsburgh, PA, where PNC's headquarters are also located.[3] The company's origins came out of analyzing the needs of contractors in the Gig-economy which includes regulatory challenges and financial guidance.[4]

In 2021, indi teamed up with gig economy marketplace Jobble to launch a debit card for the banking needs of independent contractors. This includes a debit card and mobile app with tax savings and expense tracking. It is supported by PNC Bank and powered by the Mastercard network.[5]

In 2022, indi collaborated with Steady, an income optimization platform, to let Steady members access products and services, as well as cash rewards, to supplement their income.[6]

References[edit]

  1. Groenfeldt, Tom. "PNC Launches A Fintech Startup Inside The Bank". Forbes. Retrieved 2022-01-04.
  2. Green, Rachel. "PNC created an internal startup to run a mobile bank account for gig economy workers". Business Insider. Retrieved 2022-01-04.
  3. Rayworth, Melissa (2019-09-11). "indi, numo's new fintech product, launches for gig workers". NEXTpittsburgh. Retrieved 2022-01-04.
  4. de Ruyter, Alex; Brown, Martyn; Burgess, John (2018). "Gig Work and the Fourth Industrial Revolution". Journal of International Affairs. 72 (1): 37–50. ISSN 0022-197X. JSTOR 26588341.
  5. "Here's what's next for indi as PNC and Jobble team on debit card and app for gig workers". www.bizjournals.com. November 16, 2021. Retrieved 2021-12-04.
  6. "Banking App for Gig Workers Announces Partnership with Steady, Providing Financial Wellness Tools to Meet Unique Needs". MarketWatch. Retrieved 2022-03-02.

External links[edit]

Category:Financial services




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