The Gig Economy and its workers.

Who are they? The term ''Gig Worker'' is given to people who do not have a fixed-term contract with a company. These workers belong to the ''Gig Economy'', it's an alternative to the traditional fixed contracts with an employer that have existed for years around the globe.

This work model became popular with companies like Uber, Rappi, Didi,99 and others, which offer their workers the possibility to decide when, how much and where to work. This is how a Gig Worker can offer his talent in several companies offering the same service or others. Actually, Palenca studies have shown that over 70% of gig workers have an active account on 2 or more platforms.

This flexibility is what increasingly attracts the attention of workers who currently have a permanent contract. It could even be said that the Gig Worker model gave rise to other work models such as the Home Office or Digital Nomads, which became popular at the start of the pandemic.

But, even with all the flexibilities that the Gig Worker model offers, certain concerns arise such as:
1. Check your income history
2. Access to banking services (credits, loans or other services)
3. Work behavior or working history

This is where Palenca comes in. We've developed the possibility of facilitating access to this information through our API. Palenca, provides support to Gig Workers from different companies such as Uber, Didi, Rappi, 99, IFood and more so that they can share their personal information, data of generated income by their platform accounts, income generated by tips, their work behavior, status and more.

This way financial institutions, banks and other entities can have easy access to their work and income information to offer more and specific financial products and services such as a car loan or a personal credit.

So, are you interested in Gig Workers data? Call us.