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.
A word from our sponsor:
At Ripple, we manage all of our fund expenses and employee credit cards using Jeeves.
The team at Jeeves helped get me and my team setup with physical and virtual credit cards in days. I was able to allow my teammates to expense items in multiple currencies allowing them to pay for anything, anywhere at anytime. We weren’t asked for any personal guarantees or to pay any setup or monthly SaaS fees.
Not only does Jeeves save us time, but they also give us up to 3% cash back on our purchases including expenses like Google, Facebook or AWS every month. The best part is Jeeves puts up the cash, and you settle up once every 30 days in any currency you want, unlike some other corporate card companies that make you pre-pay every month. Jeeves also recently launched its Jeeves Growth and Working Capital initiative for startups and fast-growing companies to enable more financial freedom for companies. The best thing of all is that Jeeves is live in 24 countries including Canada, US and many other countries around the world.
Jeeves truly offers the best all-in-one expense management corporate card program for all startups especially the ones at Ripple and we at Tank Talks could not be more excited to officially partner with them. Listeners of Tank Talks can get set up with a demo of Jeeves today and take advantage of our Tank Talks special with a $250 statement credit after the first $2,500 in spend or a $500 statement credit after the first $5000 in spend. Lastly, all Jeeves cardholders receive access to their Lounge Pass program and access to over 1300 airports globally.
Visit tryjeeves.com/tanktalks to learn more.
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
Fast Favorites
🎙- Favorite Podcast: All in, Curse of Politics
📰- 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
Follow Matt Cohen and Tank Talks here!
Podcast production support provided by Agentbee.Agency
Share this post