Fiverr Announces US$60 Million Series D: Eliminates $5 Minimum Charge
Tel Aviv-based global professional freelancer services marketplace Fiverr has secured a US$60 million investment from its Series D funding round, led by Square Peg Capital in partnership with existing investors Accel, Qumra Capital and Bessemer Venture Partners to "remove the final barriers to bringing the freelance economy online." As a part of its initiative, Fiverr for the first time announced that all freelancers on its platform will soon be able to set their own Gig prices, rather than being forced to offer a $5 minimum charge. In the upcoming weeks, Fiverr will also introduce....
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San Francisco-based Coinbase today announced a partnership with Fiverr, the world's largest services marketplace in effort to accept bitcoin. Launched in February 2010, Fiverr allows users to offer services or tasks starting at $5 (hence the name). Services and tasks can go all the way up to $500 on the platform. "Fiverr is one of many merchants that have embraced the power of bitcoin to not only provide frictionless transactions, but also reduce transaction fees which usually amount to 3%," says Coinbase. "And in doing so, Fiverr is also opening itself up to new, first-time customers who....
Freelancer marketplace Fiverr has discontinued bitcoin payments, citing a lack of interest. The marketplace made headlines in early 2014 when it partnered with Coinbase. At the time, the company said that it “will be in the forefront of marketplaces embracing this new digital currency and security standards”. Nearly three years later, the marketplace is calling it quits. Redditors spotted the change over the weekend, highlighting how Fiverr had dropped bitcoin as a payment option. An email reportedly distributed to users suggested that the move was effective 19th January. When reached for....
Was getting ready to use the very popular website for online services, Fiverr, yesterday, and discovered they are taking a step back with their business for 2017. The Bitcoin payment option I have been using since 2014 is no more. What’s Fiverr? For the few who do not know, Fiverr is the world’s leading online freelance services website that offers “gigs” provided by vendors for just $5 USD. These gigs range from writing press releases to doing SEO. Fiverr announced, almost three years ago, next month, that they were accepting Bitcoin as a medium of exchange for their vendor’s services. I....
With more accurate information and comment from Fiverr. It's amazing what people will do for five dollars. However, offering your services on popular freelance microtasking site Fiverr could prove very lucrative, now the company has announced a partnership with payment processor Coinbase to accept payments in bitcoin. Fiverr is a site where people do a surprising variety of jobs for prices starting at $5. Over the site's millions of listings this includes almost anything. The front page alone has listings for two hours of 'Virtual Office Assistant' work, composing and recording a song,....
The Internet has, since its inception, been a boon for firms which offer digital services like web and graphic design, but often in the midst of a larger goal, producers only need some small part of a project completed by those with expert hands. Hiring out such work to large firms can be costly, and once you've committed that part of your budget, you can't try again with someone else without going over budget. In 2010, Fiverr launched with a simple strategy: pay only $5 for what people would be willing to do for $5. It turned out that college students, people with other streams of income,....