This platform facilitates borderless payments for independent professionals, allowing them to collect fiat and stablecoin payments globally. Users can settle funds in USD, EUR, or USDC with same-day processing for both incoming client payments and outgoing contractor payouts. The service operates with a low fee structure and offers self-custodial accounts for complete user control over assets.
Funding
$180K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Freelancers often face challenges in receiving timely payments for their work, particularly when dealing with international clients. Traditional payment methods involve transaction fees and delays, impacting cash flow and requiring the use of multiple platforms for project management and payment processing.
Solution
Sorbet provides a platform that streamlines global payments for freelancers using USDC, enabling them to set contract terms and receive milestone-based payments without transaction fees. The platform offers a link-in-bio tool that facilitates client onboarding and showcases the freelancer's portfolio and services. By integrating project tracking, communication, and secure payment functionalities, Sorbet eliminates the need for multiple applications, allowing freelancers to focus on their work while ensuring secure and timely compensation. Clients benefit from simplified hiring processes and transparent payment structures.
Target Audience
The primary target audience includes global freelancers across various industries seeking a streamlined solution for project management and secure, timely payments in USDC, as well as clients looking for a simplified hiring and payment process.
Features
- Link-in-bio tool to showcase portfolio and services
- Milestone-based payment system with client-funded milestones
- Global payments in USDC
- Built-in CRM for project tracking and communication
- Secure escrow system to protect freelancer's work and ensure payment
- Instant payments with low client fees (2%)
- Zero transaction fees for freelancers