Level

Level

Financial operating system empowering independent workers and small businesses with expense tracking, early payments, tax support, and insurance.

HQ location
Seattle, United States
Launch date
Employees
Enterprise value
$28—42m
More about Level
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Level Technology, headquartered in the Fremont neighborhood, is a financial technology (fintech) company dedicated to supporting independent contractors and small businesses. The company offers a suite of financial tools designed to simplify and streamline business operations for its clients. These tools include a debit card for easy expense tracking, early payment options to get paid up to two days faster, tax support with estimated tax calculations and automatic savings, and insurance protection tailored for small businesses and independent workers.

Level operates in the fintech market, focusing on providing a comprehensive financial operating system for microbusinesses. The company partners with reputable firms like Piermont Bank and Hurdlr, Inc. to deliver its services. Banking services are provided by Piermont Bank, a member of the FDIC, ensuring that clients' financial transactions are secure and compliant with federal regulations.

The business model of Level revolves around offering a subscription-based platform where users can access various financial services. By integrating multiple financial tools into one platform, Level makes money through subscription fees and potentially through partnerships with other financial service providers.

Level's mission is to empower individuals to build and grow their microbusinesses by providing them with the necessary financial tools to thrive. The company measures its success by the positive impact it has on its clients, ensuring that all products are designed to benefit independent workers and small businesses.

Keywords: fintech, independent contractors, small businesses, debit card, early payment, tax support, insurance, savings, microbusinesses, financial tools.

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