Neobank Lance targets gig economy’s income volatility
Lance, a new challenger bank for freelancers, closed a $2.8 million seed round Tuesday, with investors including Barclays, BDMI, Great Oaks Capital, Imagination Capital, Techstars and DFJ Frontier, among other angel investors.
Lance uses automation to address the typical volatility of a freelancer’s income by creating a series of sub-accounts for the user.