Blog - Gigapay

We’re going to Germany…

Well, almost! We’ve been very lucky to be supported by Startup Sweden and Tillväxtverket, to participate in their Access German, program this August. We’re so excited about this! With a population of nearly 84 million, and also a GDP of $4.7 tr, this is definitely one of the big ones. We know many digital marketplaceRead More...

Celebrating 10,000 payouts 🚀🚀

Yes, it’s just past 10.30am in the morning and we’re drinking champagne. Why? Well! We’ve just celebrated passing 10k payouts. That’s 10,000 payouts to all types of short-term workers; influencers, cleaners, celebrities, graphic designers, models, couriers, musicians, and much more!…. These are people who’ve been paid lightening fast with all the compliance baked in. Yay!Read More...

What Is The Creator Economy? Pros & Cons

What Is The Creator Economy? Pros & Cons

For decades, the world of entertainment was run and controlled by publishing houses. They determine what we watch, read, or listen to. But never did we imagine that soon, this astonishing power will one day be wielded by independent bodies of social media influencers, videographers, writers, bloggers, not excluding the tools developed to assist them.Read More...

Challenges That Marketplaces Face

5 Challenges That Marketplace Businesses Face, and How to Overcome Them

After launching a marketplace business, there are bound to be challenges that your business will face. These challenges usually crop up as small or minor issues and later evolve into gigantic problems that can threaten the progress of the business. If you don’t want your business to suffer extreme setbacks, you need to rise toRead More...

Checklist for successfully launching your marketplace

Checklist For Successfully Launching Your Marketplace Business

When the pandemic hit, companies experienced an economic downturn they never anticipated. Amazon, on the other hand, grew its revenues from 35% to 40% range. A massive growth from what has been a 20% to 21% range during the pre-pandemic era. It was mind-boggling, and aspiring entrepreneurs discovered the hidden potential of running a marketplaceRead More...

Why DAC7 Is A Good Thing for European marketplace businesses

Why DAC7 Is A Good Thing For European Marketplace Businesses

Some may argue that the adoption of DAC7 is not a good thing for EU businesses, as European marketplace businesses will incur expenses and administration as they comply. Not forgetting, sellers of goods and services (like creators or giggers) might find the request for additional information as intrusive. However, we don’t see it as allRead More...

Erika Hubert

A peek At The Life Of Our Legal Counselor, Erika Hubert

No founder has ever scaled without having to deal with the legal aspects of a business. It’s just as inevitable as taxes. To help you prepare for potential legal unknowns, you need a legal counselor and we recently had one join our team 😃 So… let’s take a peek. Hi Erica, can you tell usRead More...

Maher Shakar holding a hamster

What You Ought To Know About Backend Developer, Maher Shakar

It is not every day that you come across a passionate developer with an inordinate urge to fix things. That is the story of Maher Shakar, a Sweden-based backend developer who recently joined our team after completing his Master’s degree at Karlstad University. In this interview, not only will you learn some intrinsic aspects ofRead More...

Online Marketplace Building Mistakes You Need To Avoid

7 Online Marketplace Building Mistakes You Must Avoid

Wondering which common marketplace building mistakes to avoid? Before the advent of the internet, no one would have imagined that businesses or persons could make billions of dollars without owning a product or service. But multi-vendor marketplaces like Fiverr, Airbnb, eBay, and Etsy have defiled economic principles. Not only have these marketplaces built a formidableRead More...

successful marketplace founders

7 Incredible Traits of Successful Marketplace Founders

When Steve Jobs founded Apple in 1976, his vision was to make the computer small enough to fit into a pocket. With the advent of the iPhones, the dream is alive and now one of the most valuable startups in the world. The story remains the same when you study the life of other founders.Read More...

What Is the Gig Economy? Definition, Pros & Cons

What is the Gig Economy? Definition, Pros & Cons

The gig economy is a billion-dollar industry, with over 55 million gig workers in the US. With more and more companies springing up every day, there’s no doubt that the gig economy has come to stay. The term “gig economy” is a free market system where businesses or professionals hire skilled workers, contractors, freelancers, orRead More...