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3 finance apps for freelancers that hate dealing with finances

Finance apps can sound daunting when you’re trying to focus on your specialization, but every freelancer needs to have the best tools at hand in order to succeed.




freelancer finance

Freelancers and entrepreneurs: get your money in order

Creative freedom, the ability to work when and where you want, and the income potential, are just a few reasons why freelancing is such an awesome career field. Despite it’s awesomeness, it can be overwhelming managing everything on your own, and taking over responsibilities that an entire human resources department would usually be responsible for: especially time and finance management.

A lot of freelancers, including myself, like to act as half super hero and say yes to every project in hopes of increasing exposure, experience and of course pay. However, at the end of the day we are just human, and have to admit that managing finance and time isn’t as easy as we’d like. But, thanks to these three finance and time management apps, being half super hero may be possible after all.

1. Payzo

Payzo, is an app that allows freelancers to accept credit card payment for all of their work. Instead of wasting time, energy and effort, on creating a website to accept payments, Payzo offers users the simplicity of their own payment gateway; no coding or developer required. Users take just minutes to sign up, upload their logo, and receive a customized link to give to clients.

When clients visit the link, they are able to send a payment along with payment description seamlessly. Payzo is fairly affordable too; offering free services for freelancers who accept less than $200 in payments a month, they charge a $9 fee for making less than $2000, and $!5 dollars for unlimited transactions.

2. Harpoon

Harpoon, is an app that helps “freelancers set and hit their financial goals.” They assist with Invoicing, revenue goals, expense tracking, scheduling, time tracking and robust analytics reporting. They realize a lot of freelancers don’t have tangible revenue goals, and solve the problem by strategizing and coming up with a customized revenue objective. To help reach each revenue goal Harpoon manages each online payment, work schedule, and revenue schedule amongst other things. They are a little more expensive than Payzo, as they offer more services, coming in at $29 month, but just in case you aren’t ready to drop that much dough, they do offer a free 14 day trial.


Pendium is a time and finance tracking resource for collaborating freelancers. When a client pays a team invoice, Pendium ensures that each collaborating freelancer is paid in an even split. It also includes a time tracking feature, bill overview, and invoice creation. The site is still in construction so you and your partners aren’t able to take advantage at this point, however there is a way to sign up and be notified when they do launch.

Thanks to Payzo, Harppon and Pendium, our dreams of being half super hero, are now possible. Whether you struggle with time management like me, or have a hard time invoicing appropriately, these apps are awesome solutions to your time and finance management needs. Take a look at your own personal situation, and see which resource is the best for you.


Lauren Flanigan is a Staff Writer at The American Genius, hailing from the windy hills of Cincinnati, with a degree in Marketing from the University of Cincinnati. She has escaped the hills, and currently resides in Atlanta, where you can almost always find her camping at a Starbucks strategizing on how to take over the world.

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  1. Ryan Battles

    November 9, 2015 at 9:13 pm

    Thanks Lauren for the write-up! As freelancers ourselves (at Harpoon), we were frustrated with the ups and downs of freelance income… we built Harpoon to help freelancers know how they stand compared to a yearly goal, and know when a kick in the pants is needed, as well as a well-deserved break!

    I’ve been a follower of The American Genius for a while now, so I was excited to stumble across our mention here in this article! Keep up the great work.

    -Ryan Battles
    Co-founder of Harpoon

    • Lauren Flanigan

      January 15, 2016 at 11:23 pm

      Thank you so much for reading!!!!! I’m sorry for such a late response, but I am grateful nonetheless. Thank you also for following American Genius. You too, keep up the great work.

  2. Irene

    November 11, 2015 at 3:17 am

    Very useful article. I am particularly interested in Payzo, but it seems the service has been discontinued. Is there another similar payment app you recommend?
    Thank you.

    • Lauren Flanigan

      January 15, 2016 at 11:21 pm

      Irene, thank you so much for reading, have you double checked the link? I just clicked and it seems to be working.

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Business Finance

Under-representation of women in fintech: Let’s talk about it

(BUSINESS FINANCE) Representation of women in fintech remains scarce despite a prevalent population of interest. Why is this the case, and what can we do about it?



Woman reading a document in front of her computer, one of the women in fintech.

Women are 50% of the population – so why are there only 9 of us on the 2020 Forbes Fintech 50?

I’m personally shocked by how underrepresented women are in such a lucrative industry. By 2022, it’s predicted that fintech, or financial tech, will be worth $26.5 trillion, and we cannot afford to miss out.

And I’m serious when I say fintech is truly taking over. This includes payment processing, online and mobile banking, person-to-person payments (think Venmo or Cash App), financial software, to name a few. For some perspective, half of consumers use digital banking services as the primary way to manage their money. That’s a big deal.

So why does it matter that women are drastically underrepresented in leading roles at these companies?

  • Women CEOs receive only 2.7% of all VC funding – that is astonishingly low, considering that the remaining 97.3% is secured by their male counterparts.
  • While a study conducted by the Harvard Business Review on leadership skills found that women scored higher than men in 17 out of 19 categories (I could’ve told you that), women founders make up only 17% of fintech companies. Some of the categories tested on were:
    • Bold leadership
    • Taking initiative
    • Resilience
    • High integrity & honesty
    • Collaboration and teamwork (this is a big one!)
    • Inspiring & motivating others

If you’re a woman interested in business, tech, or entrepreneurship looking to break into the big leagues, here’s some exclusive advice from lady CEOs, founders, and COOs:

  • Stay Passionate
    Suneera Madhani, Founder + CEO of Fattmerchant, says: “…remember why you started and hold that close to your heart when times get tough.”
  • Be Open to Learning
    “Never behave as the smartest person in the room because you may miss some of the best ideas.” Says Snejina, Co-founder + CEO of Insurify.
  • Trust Your Intuition
    As the Founder + CEO of Tala, Shivani Siroya urges us to: “Stay excited, focused on results and be incredibly optimist. It’s okay to really believe in your gut – just make sure that you see the results with it.”

2021 is a new year full of opportunity – even though the odds are (and always have been) stacked against us, let’s have this be the year where women techies and business owners capitalize on their leadership skills. We have lost time – and profit – to account for.

Author’s Note: Thank you to CreditRepair for the linked infographic!

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Business Finance

TikTok users are making bank by copying Congress peoples’ investments

(FINANCE) TikTok, the short-form video platform, has users trading stocks tips. The newest strategy: following Congress peoples’ stock moves.



TikTok isn’t just for funny dances, crude jokes, and kids born after the year 2000 (but crazy to think, they aren’t kids anymore, they could be 21…time flies). The short-form video platform that soared to be the #1 most downloaded app during the pandemic is giving tips to youngsters and millennials for their finances. The newest strategy: following and copying Congress’ stock moves.

This is in part to the not-so-surprising news of insider trading among politicians and the ability to duplicate trades of another user on platforms such as Iris, whose website says…

“Invest together with your family, friends, and brilliant people all over the world. Get real-time notifications when others make trades and copy their moves.”

Nancy Pelosi and her husband, Paul, are the prime examples of government traders (or traitors, you decide) to watch. For example, Paul made $5.3 million through call options to buy 4,000 shares of Alphabet before the House Judiciary Committee voted on antitrust regulations. He also exercised $1.95 million worth of Microsoft stock just 2 weeks prior to the company’s awarded contract worth $22 billion for the use of their VR headsets in military training. Lastly, before President Joe Biden announced another incentive program for EV manufacturers, he also paid Tesla stock options for $1 million.

Nancy Pelosi at the podium.

Christopher Johns, the cofounder of Iris, said that every trade “inevitably turned out to be such a long-term winner.” Wonder how that’s possible (eye roll). He adds, “if they’re the ones passing the laws, it’s probably smart to keep up and see what they’re buying.”

And yes, their stock picks are considered public trading activity and this is perfectly legal. Trading is no longer a lone man in a dark room behind 3 large computer screens of graphs or Jim Cramer screaming in the background- it’s a full-on social activity, just like everything else nowadays.

There is a whole community behind these meme cryptos, penny stocks, and short squeezes. You’ll find them on r/wallstreetbets, Elon Musk’s Twitter, Facebook groups, and of course, trading TikTok, all contributing to the “Eat the Rich” scheme of Gamestop/AMC, the elaborate rise and fall of Dogecoin, and the now trending, 2nd dog-specific coin, Shiba Inu.

Laugh all you want, but these kids are working smarter, not harder, and even outsmarting the best in the league, by following the best in the league.

AMC, Gamestop, and Dogecoin.

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Business Finance

Mastercard partners with Bakkt to offer crypto services to its vast network

(FINANCE) The thousands of banks and millions of merchants on the Mastercard network could soon integrate cryptocurrency in their products and purchases



Man holding Mastercard

Mastercard has announced a partnership set to change the financial industry forever.

The major payments network is teaming up with Bakkt, a crypto-focused firm spun off of Intercontinental Exchange, that would be the provider of custodial services for users that sign up. This means that the thousands of banks and millions of merchants on Mastercard’s network could soon integrate cryptocurrency in their products and purchases. Bitcoin wallets, cards that earn rewards in crypto, and loyalty programs like airline travel or hotel points that convert to bitcoin would be included. The benefit is that the rewards or points in the form of crypto will allow users to earn a yield. Bakkt CEO Gavin Michael said in an interview,

“It’s an easy way to get going because you’re not using cash, you’re putting something that’s an idle asset sitting on your balance sheet, and we’re allowing you to put it to work.”


With Mastercard being a dominant force in the global payments industry alongside Visa, and 2.8 billion Mastercards in use, the announcement could bring a noteworthy expansion to how Americans interact with bitcoin and other cryptocurrencies. Sherri Haymond, the executive vice president of digital partnerships says,

“Our partners, be they banks, fintechs, or merchants, can offer their customer the ability to buy, sell, and hold cryptocurrency through an integration with the Bakkt platform.”

The development of crypto, and bitcoin in particular, has dramatically increased in just the last year. Bitcoin has reached the record price of $60k this month and U.S. regulators have now allowed bitcoin-linked ETFs.

In a U.S. Consumer Crypto survey by Bakkt consisting of 2,000 consumers, 48% said that they purchased some form of crypto in the first half of 2021. 32% that had not yet purchased crypto reported that they were heavily interested in purchasing by EOY.

According to the Mastercard New Payments Index, 77% of millennials stated their interest in learning more about crypto while 75% said that they would put it to use if they could understand it better.

“We want to offer all of our partners the ability to more easily add crypto services to whatever it is they’re doing.”

Cryptocurrency on top of US dollar.

And just announced, due to the popularity and interest in cryptocurrencies in the Asia Pacific, consumers and businesses there will have the ability to apply for crypto-linked Mastercard credit, debit, or prepaid cards allowing them to convert their crypto into traditional currency to use globally. Mastercard is partnering with Amber Group, Bitkub in Thailand, and CoinJar in Australia to offer this service. Be on the lookout for the rollout of these services in the States soon!

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