Moves builds a mobile banking and financial-management app exclusively for gig workers, providing early deposits, earnings insights across 16+ supported apps, and cash advances up to $1,000. The company also operates the Moves Collective, which enables members to earn share rewards in public gig employers such as Uber, Lyft, DoorDash, Grubhub, Target and Amazon and currently holds over 4,500 shares. Moves launched its mobile app in 2021 and has grown to more than 10,000 members who are on track to earn over $56 million by the end of 2022. The team of 35 is headquartered in Toronto and emphasizes building products in partnership with gig workers to address savings, retirement/investment, and income unpredictability. Moves Financial is a fintech (not a bank); banking services are provided by Blue Ridge Bank N.A. The company is positioning its product and advocacy (including shareholder proposals) to give gig workers both financial tools and ownership stakes in the platforms they work on.

Total raised

$5M

Funding rounds

1

Latest round

Seed

Latest activity

May 2022