New Report Highlights the Opportunity of Providing Banking Solutions to Independent Workers

 Abound has released findings from their new Banking the Independent Economy 2021 Report. 
The report surveyed 421 US workers who earn the majority of their income from 1099 work. Commenting on the findings, Abound CEO, Trent Bigelow said: “While independent workers are a niche market today, with over 68 million independent workers in the U.S. alone, in the future this growing market will make up half of all U.S. workers. Traditional banks failing to serve this market now creates a perfect opportunity for challenger banks and fintechs to come in and win the market with purpose-built and automated solutions for independent workers.” 
Key Findings: 
To access a full copy of the report, please click HERE. 
About Abound
Abound is on a mission to enable greater wealth and wellness for independent workers, resulting in increased retention, revenue, and compliance for those that serve them. Abound’s developer-friendly API lets our partners easily embed benefits into their products, setting aside enough to cover taxes, healthcare, retirement, insurance, and more.
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Source: Abound