MakeTimePay Secures Investment Boost
MakeTimePay Secures Investment Boost
Malaysian start-up, MakeTimePay, has secured significant investment from Dutch serial-entrepreneur and early stage start-up investor, Simon Landsheer. The new funding will be used to grow the company's team, expand its platform capabilities and make investments in customer acquisition. "There is a huge shift underway in how businesses are using talent," says Landsheer, "and MakeTimePay is leading this change by providing flexible work arrangements for both companies and individuals."
Commenting further on his decision to invest, Landsheer said, “Because of Covid and 4IR, an unprecedented number of Malaysians are now forced to seek extra cash to be able to get by. Right now, the easiest way for anyone to earn extra cash is to be a gig worker delivering food or packages, or driving rideshare. But this means that a large number of qualified and professionally-skilled people engaged in this work are underemployed. They are forced into earning less per hour of work than they should be, and that is because they simply cannot connect to the many income-generating opportunities that exist out there. MakeTimePay provides that connection and helps anyone interested in monetising their free time.”
Landsheer went on to explain that MakeTimePay is a gig employment portal that offers work options to individuals and companies from all industries, providing gig work opportunities to people of all skillsets and from all ranks. To that end, eventhough the portal only launched earlier this year, it already has over 121,000 income possibilities listed. This means that anyone looking for additional income can find some work of interest and value without having to waste precious time visiting an array of sites.
He also said, “MakeTimePay democratizes work opportunities and gives everyone a chance to make some money according to their proper capabilities and worth. That is what drew me to this venture. They are solving a problem that will not disappear with the end of Covid measures and restrictions. Gig work for all skills and ranks is the future of work.”
Researchers out of the United States have already forecasted that by 2025, at least half of the American workforce will be employed on a gig basis. Landsheer, who has been based in Malaysia for over 11 years now, said that he believed that the future of work was gig employment and that the employer preference for offering and the employee preference for requesting short term contracts would spread across Asia very rapidly.
MakeTimePay co-founder, Shahryn Azmi, explained that securing external funding is a normal part of a fast growing a start-up. He said “On our journey, we have really met a lot of potential investors but Simon was quick to fully understand the potential for the business and was totally aligned with our mission. Our fit with Simon and his ability to contribute is really extraordinary. We are extremely fortunate that he has made this decision to come onboard.”
Simon Landsheer is the Managing Partner at Impiro. For more information, go to https://impiro.com/founders/simon-landsheer/
More information on MakeTimePay can be found at https://maketimepay.com/about
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