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#68: Crypto Payments for a Globally Distributed Workforce with Hugo Finkelstein from Rise
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Umar Mallam Hassam द्वारा प्रदान की गई सामग्री. एपिसोड, ग्राफिक्स और पॉडकास्ट विवरण सहित सभी पॉडकास्ट सामग्री Umar Mallam Hassam या उनके पॉडकास्ट प्लेटफ़ॉर्म पार्टनर द्वारा सीधे अपलोड और प्रदान की जाती है। यदि आपको लगता है कि कोई आपकी अनुमति के बिना आपके कॉपीराइट किए गए कार्य का उपयोग कर रहा है, तो आप यहां बताई गई प्रक्रिया का पालन कर सकते हैं https://hi.player.fm/legal।
Can crypto payments accentuate the trend for a globally distributed workforce?
More and more people in emerging markets such as freelancers are using crypto to get paid, and having crypto as a payment option enables people to get employed anywhere in the world.
So if you as an employer want to have the best talent globally, using crypto as a means of payment seem to work hand in hand.
One company that has garnered substantial growth over the past months is Rise, which offers a platform to pay employees and contractors globally with crypto and has processed more than $150million in volume of payments to date.
Some of their clients include t3rn, Bitcoin.com, Velodrome Finance, LIDO, P2P, Zen Academy to name a few.
On Episode 68, I spoke with Hugo Finkelstein, the Co-Founder & CEO of Rise, on how compensation is evolving & the incentives companies are proposing to attract talent globally.
Topics covered;
- Episode intro (0:47)
- Hugo’s background and story behind Rise (2:28)
- The current regulatory environment for crypto payments (8:42)
- Tax considerations (10:55)
- Web2 companies using stablecoins (13:10)
- Payroll for a globally distributed workforce (14:32)
- Thanks to our sponsor Web3Finance Club (16:05)
- Rise overview & onboarding (17:47)
- Using a SAFE to fund Rise account (20:36)
- Rise ID & keeping payroll transactions private (21:56)
- What does compliance mean (25:27)
- 1099s for contractors (27:46)
- Success stories at Rise (28:21)
- How is Rise different from its competitors - Request Finance, Coinshift, Acctual, BitPay, Parcel, Niural, Toku, & Franklin (29:48)
- Upcoming features for Rise (32:09)
- How EOR works for a South African employee (33:05)
- Closing thoughts (34:50)
- Using Rise ID to skip KYC checks (35:45)
- Maxim of Hugo Finkelstein (37:22)
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Follow Hugo Finkelstein:
LinkedIN: https://www.linkedin.com/in/hugo-finkelstein/
Twitter: https://x.com/hugfink
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Website
For show notes and past guests, please visit theaccountantquits.com/podcast/
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