Gigacover was founded in 2017 to bring fairness and stability to independent workers. These include gig workers, freelancers and self-employed persons, many of whom lack access to right-sized financial services.
The company was founded in Singapore and launched the region’s first income protection insurance to meet the needs of the gig economy. Since then, Gigacover has gone on to serve caregivers, tutors, real estate agents and delivery riders.
Gigacover’s product suite has also expanded to include earnings advances and payroll accounts. Through technology and data, Gigacover automates distribution, administration and generates insights for risk management in order to bring flexible, affordable and portable benefits to its users.
As of 2021, Gigacover has presence in Singapore, Indonesia and Philippines and is supported by Vectr Fintech Partners, Quest Venture Partners, Farsight Capital and Alto Partners.