MakeTimePay Secures Investment Boost
Malaysian start-up, MakeTimePay, has secured significant investment from Dutch serial-entrepreneur and early stage start-up investor, Simon Landsheer. The new funding will be used to grow the company’s team, expand its platform capabilities and make investments in customer acquisition. “There is a huge shift underway in how businesses are using talent,” says Landsheer, “and MakeTimePay is leading this change by providing flexible work arrangements for both companies and individuals.”
Commenting further on his decision to invest, Landsheer said, “Because of Covid and 4IR, an unprecedented number of Malaysians are now forced to seek extra cash to be able to get by. Right now, the easiest way for anyone to earn extra cash is to be a gig worker delivering food or packages, or driving rideshare. But this means that a large number of qualified and professionally-skilled people engaged in this work are underemployed. They are forced into earning less per hour of work than they should be, and that is because they simply cannot connect to the many income-generating opportunities that exist out there. MakeTimePay provides that connection and helps anyone interested in monetising their free time.”
Landsheer went on to explain that MakeTimePay is a gig employment portal that offers work options to individuals and companies from all industries, providing gig work opportunities to people of all skillsets and from all ranks. To that end, eventhough the portal only launched earlier this year, it already has over 121,000 income possibilities listed. This means that anyone looking for additional income can find some work of interest and value without having to waste precious time visiting an array of sites.
MakeTimePay co-founder, Shahryn Azmi, explained that securing external funding is a normal part of a fast growing a start-up. He said “On our journey, we have really met a lot of potential investors but Simon was quick to fully understand the potential for the business and was totally aligned with our mission. Our fit with Simon and his ability to contribute is really extraordinary. We are extremely fortunate that he has made this decision to come onboard.”
(This content was surmised from a press release)