# MOXI A unique fintech app to empower the financial lives of 60 million freelancers 🚀 ## Elevator pitch MOXI is a mobile app that helps independent workers (freelancers, gig workers, etc.) get paid and manage their gigs - all in one place. Through our app you can generate invoices and request/send payments seamlessly. Users can link their bank accounts or pay via credit cards. By providing a platform through which freelancers can easily get paid, we are helping to solve one of the most fundamental problems faced by members of the gig economy. - Canonical URL: https://wefunder.com/moxi - Entity ID: wefunder:company:61411 - Last updated: 2026-06-07T05:02:08Z - Generated at: 2026-06-07T14:03:45Z ## Quick facts - The Gig Economy is exploding, generating over a trillion dollars in revenue per year! - The future of work is now. Over half of US workers will be part of the Gig Economy by 2023. - We launched this year, and our mobile app continues to attract a growing number of freelancers. - MOXI operates lean. Limited funding hasn't stopped us. We're relentless. We are hustlers. - We see the big picture. By helping gig workers, we also strengthen the economy and small businesses. - MOXI has a clear growth strategy. We reach 200k+ freelancers through established partnerships. - Our highly skilled founder, a Harvard grad, is an award winning fintech pioneer for over a decade. ## Active fundraises - wefunder:fundraise:35477: 4(a)(6) successful (USD) ## Story n. When someone has courage and backbone, they have Moxi (Urban Dictionary)60 million people in America have the Moxi to be their own boss Even though free agents rule the roost and bring almost $2 trillion worth of revenue to the US economy, managing their finances continues to be an anxiety-inducing struggle for many freelancers.Freelancing doesn't mean FREEFreelancer life often means an irregular cashflow. Often faced with chasing payments, or even worse, not getting paid for work, the impact of financial loss is significantly stressful and can affect their livelihood.  The struggle is realWithout the proper financial tools to help them manage their overall financial health, many freelancers are quite simply living life on the edge. The tools on the market today tend to be over-complicated and are not tailored for the specific needs of independent workers, leading to a fragmented experience that makes it exceedingly difficult for such individuals to get on top of their finances.From incumbent banker to entrepreneurOur founder, Evelyne Kanakis, created some of the world's first financial apps and tools for banks around the world for over a decade. While working for America's largest bank, managing design strategy for business banking, and her further research whilst at Harvard Business School, it started to become clear to her that the growing gig economy is struggling due to the deficiency of existing tools in the marketplace.Realizing that she would never be able to build this solution within the confines of a large incumbent bank, she took the leap into the startup world and left to found MOXI.We had to take action, and we did it!With limited investment, Evelyne and our small founding team got to work on creating a solution that truly focuses on the needs of freelancers, one that liberates them from financial drudgery. Instead of stressing and facing financial hardship, freelancers can focus on their skills, passion, and building their business. And let's face it, no one wants to be spending time demystifying taxes and complicated spreadsheets!Early this year, we launched our app! Launching MOXI on the streets of Art Basel Miami We don't see ourselves as just yet another cookie-cutter financial service. We believe in creating experiences and solutions that truly matter and help our users. We connect first-hand with the freelance community. Late last year we took to the streets of Art Basel in Miami, the world's biggest art festival, and met and spoke with hundreds of freelancers. In making connections on the ground, we discovered that the freelance community feels ignored and misunderstood by banks and financial services. We see a need for a fresh, new financial solution that truly understands, acknowledges, and supports independent workers. Stronger together with industry partnerships & networksMOXI is committed to the freelancer community. That's why establishing partnerships with organizations and associations who represent and advocate for independent workers, like those pictured below, is vital to our success.By partnering with such organizations, we are continuing to learn from, and to be inspired by, communities of amazingly talented freelancers - whether they are writers, artists, tour guides, producers, and everything in between. By working with our partners, we are continuing to both validate and improve our app to ensure that it best serves freelancers and helps them establish and maintain financial wellness. Through such partnerships we are able to showcase the wonderful talents of freelancers, grow our user base, and stay rooted in the communities that we love and admire.To date, we've raised over $100,000 from both our Angel investors, as well as personal funds from our founder herself. These investments have allowed us to launch our app, start to build our team, and grow our initial user base. With additional investors joining through Wefunder, we can continue to scale.We're excited for you to come onboard our journey, and join our movement as we work to liberate the finances of 60 million freelancers, an important cause that benefits both the community and our stakeholders financially. ## FAQ 1. **Hi. What are your revenue goals for the next 5 years? Also, just my opinion but the background music in your video presentation is too loud and distracting, making it hard to understand what you are saying. I suggest you lower the volume, or better yet, remove it completely. T...** - Hi, Leonardo. Thank you so much for reaching out, and for your interest in MOXI! We are currently targeting $800k in revenue for our first operational year 2020/21 (projections are not guaranteed), and are continuing to assess our model as we grow our partnerships and add additional features to our app. If you would like to set up a meeting to discuss MOXI’s revenue, or any aspects of our offering that you may have missed in the video (we will look into the volume issue - thank you), please r... 2. **Who are your competitors and can Moxi partner with gig-based companies like Uber/Lyft? I am actually starting a company using this model and am curious about potential integration/partnerships you guys can do.** - Hello, Calvin. Thank you for questions, and best of luck with your new venture! Allow me to start with your question regarding our competitors. The short answer is that there are several companies who compete with us in one way another, but our goal is to roll the best of what each does into one app, while eliminating features and functionality that are not needed by the vast majority of freelancers. More specifically (and as noted in the “Investor Q&A” section of our profile), there are ... 3. **First, as a technologist (SDET) with > 20 years experience, I think this is sound idea - valuations can be based on number of users times some multiple, so if you have 50 million freelancers using this thing, the valuation could easily be 100 times that, or 5 billion (which...** - Hi, Francis. Thank you for your insight and questions. Like yourself, we see tremendous opportunity in the Gig Economy - both because of the size of the addressable market and the fact that the current tools are not specifically tailored for freelancers/independent workers. We also understand and share your concern with regards to our operational expenses, particularly now as we look to grow our revenue numbers. More specifically, we are taking steps each day to reduce such expenses with acti... 4. **Is there a reason why it hasn't gotten to the Google play store yet?** - Hi Brian, thank you for your interest in MOXI! We are definitely planning to implement an Android version of the app. In the meantime, while we are still in beta phase, we are focusing on enhancing features of our iOS app, as our target customers are majority iOS users. Implementing on one platform during our early stage also reduces our resource needs and costs. If you would like to discuss further, please feel free to reach out, and I'd be happy to chat! 5. **Hello, I'm interested in investing in this company, but I don't know how long it can stay in the campaign before its minimum goal.** - Hi Jonathan, thanks for your support in MOXI! We have until April 2nd, 2021 to reach our minimum goal. Please feel free to reach out if you have further questions. ## Team - Evelyne Kanakis (CEO) - Andy Dalton (Operations) - Laura Kimmel (Creative Director) - Julie Sharify (Marketing Coordinator) ## Recent posts - MOXI is delighted to announce that we've received a significant investment and formed a strategic partnership with The Center for Cultural Innovation! (2020-12-16T20:26:19Z) - MOXI is excited to announce that we have formed a partnership with Black Girl Group, a freelance staffing agency for African American women! 🚀 (2020-10-05T19:45:38Z) - MOXI is delighted to announce a new partnership! 🎉 (2020-09-24T20:41:26Z) - We’re excited to release our first episode of The Moxi Show! (2020-08-22T17:00:59Z) - Our July update at MOXI (2020-07-29T17:39:55Z) - The Increased Demand of Gig Workers Caused by the Coronavirus may be a Win-Win for Business (2020-07-16T18:00:18Z) - Check out MOXI’s features in our new promo video đŸ’„ (2020-07-14T17:10:24Z) ## Q&A - Q: I am going to assume this company has FAILED!!!! There have been no information in almost 5 years..... I hope WEFUNDED just closes this investment and be done with it. - Q: Are there ANY updates? Is this company still around? - Q: Good Morning I was wondering if there is ANY updates - Q: I'm interested in investing. When might you accept new investments? - Q: Thank you for answering the previous question. Also after the deadline on April, will there be another campaign on other sites? I would like to invest more but the time is only until April. Do you plan another campaign? - Q: There is a brilliant Russian award-winning marketplace for freelancers YouDo.com (I believe that studying the history of their success may be useful for Moxi as well). They have implemented a ‘risk-free deal’ feature - some kind of an escrow payment - when there is a match between a customer and a freelancer the customer’s credit card is debited for the agreed amount; the money is released to the freelancer upon successful completion of the job, or is returned to the customer if the freelancer fails to perform. Isn’t it better than invoicing the customer for post payment and struggling to enforce it? - Q: Hello, I'm interested in investing in this company, but I don't know how long it can stay in the campaign before its minimum goal. - A: Hi Jonathan, thanks for your support in MOXI! We have until April 2nd, 2021 to reach our minimum goal. Please feel free to reach out if you have further questions. - Q: Is there a reason why it hasn't gotten to the Google play store yet? - A: Hi Brian, thank you for your interest in MOXI! We are definitely planning to implement an Android version of the app. In the meantime, while we are still in beta phase, we are focusing on enhancing features of our iOS app, as our target customers are majority iOS users. Implementing on one platform during our early stage also reduces our resource needs and costs. If you would like to discuss further, please feel free to reach out, and I'd be happy to chat! - Q: I think the problem is a big one, but I'm a little worried about the solution. As a heads up, I lead Engineering at a startup (extend.com). First question, when invoices are delivered to the client, how do they pay? Do they have to install the app, or can they just use their browser? Second, most of your expenses are for building the app out of India. Do you have any engineering experts on the team who can take this prototype and build the next version? Question three, why do you want 22.5% to go towards operations? Operations is generally the last thing to pay for once you have a large enough user base. Have you considered focusing on partnerships over d2c? Thanks and best of luck. - Q: First, as a technologist (SDET) with > 20 years experience, I think this is sound idea - valuations can be based on number of users times some multiple, so if you have 50 million freelancers using this thing, the valuation could easily be 100 times that, or 5 billion (which at the current valuation of 5 million, makes this an investment with a 1,000X potential, and that is just counting US-based freelancers, globally the numbers are bigger once you include EMEA and Asia markets, so, who knows, a 10,000X (or 50 billion valuation) return not impossible over a long term (greater than 5 year) horizon). So this is exciting opportunity, looking at the numbers. I am concerned about the operational expenses which were listed as $10,000 per month. I think that can be brought down, by, for instance, people taking a lower salary, working from home, using open-source software tools, using offshore resources such as Phillipines-based developers, etc. I think (as someone who has done freelance work myself) that apps to make accounting, taxes, etc. easier for freelancers, and perhaps supporting making and receiving payments, all this is great and needed in today's "gig economy." But $10,000 expenses operationally when you only have $500 in revenue obviously does not add up, so this is something personally I'd want to see addressed and I imagine others would also. (Do feel free to message me here or on LinkedIn if you would like to interface for some free guidance on testing, quality also, as I am knowledgable in these areas, parenthetically. :) ) - A: Hi, Francis. Thank you for your insight and questions. Like yourself, we see tremendous opportunity in the Gig Economy - both because of the size of the addressable market and the fact that the current tools are not specifically tailored for freelancers/independent workers. We also understand and share your concern with regards to our operational expenses, particularly now as we look to grow our revenue numbers. More specifically, we are taking steps each day to reduce such expenses with actions such as giving up our physical office space and reducing the pay of our consultants/contractors. Furthermore, I myself am not taking a salary until it becomes economically feasible to do so, and we are leveraging an offshore development team (instead of hiring US engineers). We are also looking into switching our payment provider to help lower our costs even further. Thank you, as well, for your offer to provide us with some free guidance. We very much appreciate it! If you are interested, it would be great to set up a meeting to discuss these items. Please feel free to reach us via email at hello@wehavemoxi.com and we can go from there. Look forward to being in touch! - Q: Who are your competitors and can Moxi partner with gig-based companies like Uber/Lyft? I am actually starting a company using this model and am curious about potential integration/partnerships you guys can do. - A: Hello, Calvin. Thank you for questions, and best of luck with your new venture! Allow me to start with your question regarding our competitors. The short answer is that there are several companies who compete with us in one way another, but our goal is to roll the best of what each does into one app, while eliminating features and functionality that are not needed by the vast majority of freelancers. More specifically (and as noted in the “Investor Q&A” section of our profile), there are simple payment platforms like Venmo. These are sufficient for basic payments, but do not have the other functionality that gig workers need. There are expense management and finance software products like QuickBooks. These are useful, but overly complicated for individuals who often don’t have the time to spend learning complex tools. There are also freelance job posting platforms, such as Fiverr and Upwork. These are fine for hiring freelancers, but lack the collaborative and personal elements that we are seeking to build with our marketplace. Finally, there are freelancer insurance products, like trupo. MOXI aims to incorporate all of these services into one easy-to-use, intuitive app that’s tailored for the life of a freelancer. Turning to your question regarding partnerships, we absolutely intend to integrate with gig-based companies. We are actively exploring partnerships with companies who provide tax services and benefits packages, and have already integrated with Plaid (bank transactions) and Stripe (credit/debit card transactions). Additionally, our current partnership strategy focuses on identifying organizations, like trade associations, who represent freelancer members. To date, we have established partnerships with organizations like ProductionHUB, the National Association of Freelance Writers & Editors, Freelance Founders, and the Guides Association of NYC. These organizations have hundreds of thousands of members and we will leverage our relationships with them to get our apps into the hands of such members. With respect to Uber & Lyft, we do not have any immediate plans for partnership but we plan on creating open APIs that will allow our app to integrate with a multitude of such services in the future. I hope that answers your questions! If you would like to further connect, please reach out via email at hello@wehavemoxi.com and we can set up a time to chat. - Q: Hi. What are your revenue goals for the next 5 years? Also, just my opinion but the background music in your video presentation is too loud and distracting, making it hard to understand what you are saying. I suggest you lower the volume, or better yet, remove it completely. Thanks. - A: Hi, Leonardo. Thank you so much for reaching out, and for your interest in MOXI! We are currently targeting $800k in revenue for our first operational year 2020/21 (projections are not guaranteed), and are continuing to assess our model as we grow our partnerships and add additional features to our app. If you would like to set up a meeting to discuss MOXI’s revenue, or any aspects of our offering that you may have missed in the video (we will look into the volume issue - thank you), please reach out to us via email at hello@wehavemoxi.com and we would be delighted to schedule a time to connect.