RSG235: Business Banking for Freelancers, Gig Workers and Self-Employed!

In this episode, I’m chatting with Nick Adler, the Chief Operating Officer of Found, a banking and tax app created with small-business owners, freelancers, and the self-employed in mind.

Nick is helping to build a modern financial platform for one of the largest underserved segments in the U.S. economy – the self-employed worker!

Found is a financial technology company, not a bank. Banking services are provided by Piermont Bank, Member FDIC.

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Intro To Nick Adler

  • Previous Head of Market Operations for Caviar
  • Chief Operating Officer at Found
  • Career spans restaurant and retail spaces

Found

  • Banking, bookkeeping, and taxes built specifically for gig workers
  • Serve as a checking account for these folks
  • Deposit your earnings into a Found bank account
  • Can help gig workers save for taxes by showing how much to withhold for taxes
  • Adding a cash back option

Common Challenges for Gig Workers

  • Not knowing where to go for answers – who to trust?
  • Tax confusion – do you need to pay quarterly?
  • Have a separate bank account – don’t comingle business with personal expenses

Show Notes

Listeners can go to found.com/rideshare and get $25 when they open a new Found account if they spend at least $100 within the first 30 days.