At Ualett, we empower gig workers by providing financial stability and innovative tools tailored to their unique needs. In 2024, this mission came to life through groundbreaking partnerships, expanded services, and a growing community of users. Our focus on supporting drivers, delivery workers, and freelancers has helped them navigate financial challenges with confidence and ease.
2024 Highlights
- Expanded beyond cash advances with integrated insurance solutions
- Scaled to serve 200,000+ active users across the United States
- Expanded instant remittance options including FedNow and push-to-card transfers
- Strengthened leadership with strategic executive appointments and board expansion
- Showcased gig economy innovation at Money 20/20 and Curbivore.
Strategic Partnerships Driving Innovation
This year, Ualett forged three key partnerships that redefined how gig workers access financial tools and services:
- Insurify Partnership: Going beyond cash advances, we integrated Insurify's advanced insurance comparison technology to give gig workers access to tailored auto insurance solutions directly within our app. This seamless feature allows users to compare top providers and find optimal coverage while staying within the Ualett ecosystem.
- Pave Integration: Our partnership with Pave brought personalized financial solutions that adapt to each worker's unique income patterns. By analyzing real-time cashflow data, we can now offer advances and remittance schedules that match when and how gig workers get paid, making it easier to access funds when they need them most.
- Astra Collaboration: We dramatically expanded remittance options through Astra, bringing push-to-card transfers, FedNow Service, Visa Direct, and Mastercard Move to our platform. These additions complement our existing ACH and RTP Network capabilities, giving gig workers unprecedented flexibility in how they access their funds.
Milestones & Growth
2024 marked significant achievements for Ualett as we celebrated our 6th anniversary and reached new heights:
- Market Leadership: As the gig economy grew to include over 70 million Americans, we scaled our platform to serve more than 200,000 active users nationwide, establishing Ualett as a trusted financial partner for independent workers.
- Platform Evolution: We took our first step beyond cash advances by integrating auto insurance solutions, while also enhancing our core service with faster remittance transfers and personalized schedules. This is just the beginning of our platform vision to better serve gig workers' financial needs.
- Team Expansion: We strengthened our ability to serve gig workers by welcoming key leaders, including Jay Millard as Chief Revenue Officer and Alecia A. Allison as Director of Risk and Compliance. We also welcomed industry veteran Brady Harris as Independent Board Member, bringing key expertise and strategic guidance to our mission of financial empowerment.
Thought Leadership and Industry Presence
In 2024, Ualett strengthened its position as a leader in the gig economy financial sector through strategic industry engagement:
- Money 20/20: Our team joined industry leaders in Las Vegas to explore the future of financial services and showcase how we're revolutionizing support for gig workers.
- Curbivore Conference: CEO Ricky Michel Presbot took the stage in downtown LA to share insights on fostering loyalty and empowering independent workers, alongside partners like Uber and Cambridge Mobile Telematics.
- Small Biz Banking Conference: As a supporting sponsor, we demonstrated our commitment to advancing financial solutions that help small business owners and independent contractors thrive.
We also expanded our community engagement through educational content and resources that help gig workers build stronger financial futures. From practical tips on time management to insights on maintaining work-life balance, our social media presence focused on delivering real value to our growing community.
Looking Ahead to 2025
As we close the chapter on 2024, we're setting our sights on an exciting future. In 2025, we'll focus on:
- Expanding our financial education resources
- Enhancing our mobile experience
- Building new partnerships to serve our growing community
We're committed to empowering gig workers with innovative solutions that evolve with their changing needs. Thank you for being part of our journey—we can't wait to see what we'll achieve together in 2025!
Ready to join us on this journey? Visit ualett.com to learn more and discover how we're redefining financial solutions for gig workers.