Indian fintech Glimpay aims to solve freelancer payment issues
New Indian fintech Glimpay plans to provide freelancers with payments support and invoice management services.
The firm claims it is the market’s first “all-in-one” payments system targeted directly at creators and freelancers.
It plans to tap into what it calls a “huge surge” in demand from this segment for alternative sources of income, and bridge a gap between workers and the companies they charge.
The firm is still in the early sign-up phase and currently has no partnerships listed on its site. However, Glimpay still promises a service through which users can create shareable invoices to send clients.
The fintech will take a 3% cut of the fee charged to clients as part of the process, but only for cross-border payments.
Glimpay is led by founding team Kushal Prakesh (CEO) and Sharath Srivatsa (CTO).
Prakesh is a former Google and Apple employee, having worked at the tech giants between 2016 and 2019 as a software engineer.
Srivatsa is also an experienced engineer, with time spent at CData Software India, Icuro, Nagra, and Sony India.
The fintech currently doesn’t list an anticipated launch date for its service.