Lance
A smart business banking account for the self-employed built by and for freelancers to proactively manage their backend finances.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor investor investor investor investor investor | €0.0 | round |
| investor investor | €0.0 | round | |
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
| investor investor | €0.0 | round | |
| investor investor investor investor investor investor | €0.0 | round | |
N/A | Convertible | ||
| Total Funding | 000k | ||
| USD | 2022 | 2023 |
|---|---|---|
| Revenues | 0000 | 0000 |
| EBITDA | 0000 | 0000 |
| Profit | 0000 | 0000 |
| EV | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 |
Source: Dealroom estimates
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Lance is a financial platform tailored for freelancers, offering a comprehensive suite of banking and tax management services. Operating in the gig economy, Lance serves independent professionals who require efficient financial tools to manage their business finances. The platform provides automated budgeting, tax withholding, and payment solutions, allowing users to focus on their work without the hassle of financial management. Lance generates revenue through its banking services, which include a powerful card offering up to 1.5% cashback on expenses. The business model is centered around providing value-added services with no fees or minimums, making it an attractive option for freelancers seeking cost-effective financial solutions. Additionally, Lance fosters a community for freelancers to connect, share ideas, and enhance their business acumen through masterclasses and AMAs. The platform's unique selling proposition lies in its ability to automate financial tasks, thereby reducing friction and enhancing productivity for its users.
Keywords: freelancers, banking, tax management, budgeting, cashback, gig economy, financial tools, community, productivity, automation.