Enabling Economic Empowerment: Open Banking’s Role in Bridging the Financial Divide for Gig Workers

Guest Author Riaz Syed is the CEO and Founder of Infinant.

Typically, banks prefer predictable and stable customers. And yet, due to the sporadic nature of gig workers’ income, they don’t make for safe and reliable customers in the eyes of the bank. But with gig economy workers bringing in £20 billion each year in the UK alone and with the number of gig workers in Europe expected to reach 43 million by 2025, this viewpoint has started to change.  

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