Years ago, paying creators after a collaboration was hard to crack. Then, professional marketers began with tools to search for the right influencers through platforms like Scope.io, Massfluencer, or Upfluence.
But a problem emerges when it comes to paying their creators after a fantastic job. For example, how do you pay 100 creators if some have a company and some don’t? When you find the right influencers, but they don’t have a company, how do you pay them, with taxes and social benefits declared?
For a long time, this caused an issue in the creator economy, but not until Gigapay was born, with a purpose to provide a seamless, instant, and hassle-free payment experience. And so far since our inception, we’re now closer to the vision than ever before.
Today, we’re happy to announce that Gigapay is launching International payouts with Society Icon. This will help businesses like Society Icon to focus on scaling their influencer and creator collaborations globally without worrying about compliance and invoicing requirements across the border.
This new service will undoubtedly help scale the influencer economy and facilitate the future of work, an estimated $100 billion industry, without having to worry about Tax compliances or the impact of DAC7.
“We first helped Swedish companies solve this challenge for our local market. We have now adapted our product to support them in other markets as they scale,” - Says Raiha Buchanan, CEO at Gigapay.
Clients of Gigapay will now be able to focus on scaling their influencer and creator collaborations globally without having to figure out the compliance and invoicing requirements across borders.
Gigapay’s International Payouts will be available starting September 20th. For more information visit gigapay.co.
