With the ascendance of gig work platforms like Uber, Fiverr, and DoorDash, it could be easy to be lulled into thinking that the space is fully matured. But there’s a new wave of gig working platforms that promise to add in Web3 Technology and the ability to accomplish more complex work. Our guest today, Matthew Spoke, is the Founder and CEO of Moves Financial, a fintech platform designed to enable the gig economy in Web3.
About Matthew Spoke:
Matthew Spoke is the CEO of Moves, the Digital Credit Union of the gig economy. Matt is considered a leader on the cutting edge of future-defining technologies and has spoken at dozens of tech conferences and written for Forbes, FastCompany, Coindesk, Financial Post, and TechCrunch.
Matt is a strong advocate for the social benefits of decentralized technologies and created the Open Foundation, a not-for-profit focused on advancing blockchain technologies. He’s served as an advisor to governments on the regulatory implications of new technologies like blockchain on the future world of finance.
In his former life, Matt was working as a CPA with Deloitte, when he discovered Bitcoin and became fascinated with the technology.
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In this episode we discuss:
02:44 Matt’s journey into Startups
04:44 The attention his early ideas received and how that was embraced
07:42 Lessons he learned from his first crypto startup
12:38 False competition and bad ideas in a frothy market
18:48 How the gig economy has evolved since 2020 and the pandemic
23:45 What surprised Matt most about Gig worker economy
27:12 How the privacy lockdown on iOS has affected data collection for gig platforms
30:29 What Moves does and how it works for Gig workers
39:23 How Moves interacts with traditional banks and financial services
45:50 Getting gig workers aware of their financial position and helps improve their financial health
49:02 The revenue model of Moves
50:57 Plans for their recent $5M Seed round led by Omers Ventures
📰- Favorite Newsletter /Blog: Lenny Airbnb
📲- Favorite Tech Gadget: DJI Mini 2 drone
📈- Favorite New Trend: Stock ownership by workers
📚- Favorite Book: Inspired
🤔 - Favorite Life Lesson: If you’re the smartest person in the room, change rooms
Podcast production support provided by Agentbee.Agency