Share this
by James Robert Lay on January 10, 2022
Brief Summary of Episode #156
The gig economy of today is still being ignored by the traditional banks — a mistake they’ll soon regret as platforms such as Square, Stripe, and Shopify continue to take their business.
And the transformation isn’t slowing down anytime soon.
The current economy just doesn’t adhere to the traditional two options of commercial or consumer for solopreneurs. But what exactly can these financial institutions do to keep up?
We speak with the ineffable Raj Bhaskar, Co-founder & CEO at Hurdlr, who joins the show to discuss how the gig economy is shaping the future of finance.
With a wake-up call that came from the COVID-19 pandemic, banks need to come to this realization about the gig economy: If you can’t beat them, join them.
Key Insights and Takeaways
- Why banks need to stop neglecting the gig economy
- Why banks aren’t sufficiently scared by brands like Square or Stripe
- Why COVID should serve as a wake-up call for traditional financial brands