Another year in our books. In 2022, we’ve continued to learn how to navigate around uncertainty, surging gas prices, and the perpetual efforts to bring change to the gig economy.
Many of you have stepped up time and time again to connect families and friends together–sprinkling joy in with each customer by sparking up conversations during your rides, delivering groceries at lightning speed, and dropping off hot meals that bring smiles to everyone’s faces. You did it again and we thank you for your hard work.
Now as we edge closer to 2023, let’s take a moment to reflect on the milestones we achieved this year –all of which couldn’t have been possible without each and every one of you.
New features released this year
We released a ton of new features this year to improve your experience with Moves and help you better manage your money on the go.
- 20+ gig apps: We added support to a handful of new gig apps for you to house all your gig earnings within one spot
- Early Pay: Get your weekly payouts up to 2 days earlier
- Fee-free ATMs: Access your money at over 55,000 conveniently-located Allpoint ATMs across the country
- Improved notifications: Stay on top of everything with notifications after every gig deposit and transactions
- Weekly Earnings Goal: Set and track your earnings across connected gigs in real-time
- Stock Rewards: Earn free stock* with every eligible purchase you make on your Moves Card
- Referral Program: Share your own personal referral link to invite other gig workers and earn rewards
- Biometrics: We added a layer of protection to ensure your Moves account remains secure
Putting gig workers first
Just over two years ago, we started off on an ambitious but uncertain path to make a mark in the lives of gig workers and ultimately influence the way the gig economy evolves. There is more work to be done of course, but earlier this year, we announced a big step toward our mission.
With the support of one of North America’s leading Venture Capital firms, we completed a $5 million Seed round to help us empower gig workers to own the gig economy.
Here are some of the other milestones and new programs we introduced this year:
- Taking your voice to the top: We submitted an Uber proposal on behalf of our members
- Celebrated 100 Uber shares: We reached 100 Uber shares owned by members of the Moves Collective
- Limited-time cashback on gas: We helped members offset surging gas prices with 5% cashback on gas
- Buckle: Introduced flexible insurance coverage built for gig workers
- Visa SavingsEdge: Introduced the Visa SavingsEdge program to help you start automatically saving up to 10% at qualifying merchants
- Upside: Earn even more cashback with your Moves Card with Upside
Movers’ Year in Review
This year, we tripled our member base from the previous year!
In 2021, the states with the most Moves Members were Georgia, California, Texas, Florida, and Arizona. This year Texas made its way to first place, followed by California, Georgia, Florida, and Ohio!
Breaking it down by city, we have the most Moves Members in Houston, New York, Los Angeles, Phoenix, and Chicago.
Across our 20+ supported gig apps, the top ones are Uber, Lyft, and Instacart! Were you surprised?
Now looking at how much Moves members are earning… We’re seeing over $150 million of annualized earnings across all members. This is a 150% increase from last year! The hustle doesn’t stop for gig workers.
Last but not least, let’s take a look at our Stock Rewards program. As of December 15, 2022, Moves members now collectively own 161.18 shares of Uber, 54.57 shares of Lyft, 7.06 shares of DoorDash, 2.34 shares of Amazon, and 1.4 shares of Target!
Thank you again for joining us on this journey. Happy Holidays from us to you and your loved ones! We can’t wait to continue making more movement with you in 2023.