Portify raises £1.3M to help gig economy workers improve their financial well-being

INSUBCONTINENT EXCLUSIVE:
Portify, a London fintech startup that offers an app and various financial products to help gig economy workers better manage their finances
The round was led by Kindred Capital and company builder and investor Entrepreneur First (EF), with participation from various unnamed angel
investors.Founded in May last year by EF alumni Sho Sugihara (CEO) and Chris Butcher (CTO), Portify is setting out to address the financial
volatility many flexible or so-called gig economy workers face
The startup offers a number of tailored financial products, accessible via its mobile app, to help flexible workers get insights into their
and United States , according to McKinsey), there is still a large gap in the market for financial services to ensure these workers are
We also help our users manage cash flow and budget for tax and other recurring expenses
is currently being used by independent workers in the gig economy and temp staffing sector
This covers couriers, ride-hailing drivers, retail shop floor staff and hospitality workers, amongst others