PayWatch provides a searchable reputation platform where freelancers can view verified reports of payment delays for companies, using a simple three‑state rating system. The service also lets freelancers confidentially submit and document late‑payment incidents, which are verified and added to the shared database to help independent workers assess financial risk before signing contracts.
Funding
Funding not disclosed
Founders
Product
Problem
Freelancers often lack reliable information about a company's payment practices, making it difficult to assess financial risk before entering contracts. Late or unpaid invoices can lead to cash‑flow problems and legal disputes for independent workers.
Solution
PayWatch offers a reputation platform that aggregates verified reports of payment delays submitted by freelancers. Users can search companies by name or SIREN to view the collective history of reported delays, including the number of reports and their verification status. When a freelancer experiences a late payment, they can confidentially submit a report with supporting documentation, which is then added to the shared database after verification. The platform presents each company’s status using three clear categories—no reports, declared but uncorroborated, and confirmed delays—allowing workers to make informed decisions before signing contracts.
Target Audience
PayWatch is intended for freelancers, independent contractors, and gig‑economy workers who need to evaluate payment risk when engaging with new corporate clients.
Features
- Searchable database of companies by name or SIREN with real‑time delay information
- Confidential reporting workflow that accepts documentation to substantiate payment delays
- Verification process that distinguishes between uncorroborated and confirmed reports
- Simple three‑state rating system (no reports, declared, confirmed) without numeric scores
- Aggregated metrics showing total freelancers registered, total reports, and amounts declared unpaid