Willa raises $18 million for freelance fintech Platform

Venice-based financial technology company Willa Inc. has raised $18 million in Series A funding for its platform that helps freelancers get paid on time for their work.

The round, which was announced July 7, was led by New York-based venture capital fund FinTech Collective with participation from London-based Entrée Capital and Stockholm-based EQT Ventures. The round brings the company’s total funding to $21 million.

Willa plans to use the funding to expand its invite-only app, which currently has a waitlist of 150,000 freelance workers, and to expand the services it offers. The company also plans to hire between 40 and 50 more employees by the end of 2021.

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Source: Willa Raises $18 Million for Freelance Fintech Platform | Los Angeles Business Journal