San Francisco — (BUSINESS WIRE) — Oxygen has launched a new digital banking platform and mobile app in the United States. The new banking service is specifically designed to meet the unique needs of freelancers and contract workers, who are projected to make up more than half of the US workforce by 2027.
The new Oxygen mobile app, available nationwide for iOS and Android devices, promises a fast, 100% mobile-based user experience. Oxygen is free to download in both the App Store and Google Play.
Users of the Oxygen app also enjoy access to other features like cashback for everyday expenses including groceries and food delivery, coffee shop purchases, gas, rideshares and more. And Oxygen users can protect their personal assets via the creation of an LLC within the app.
Oxygen also announced that it has joined Visa’s Fast Track program, enabling the company to draw on the reach, capabilities and security of Visa’s network. Oxygen will also be leveraging Visa Direct, Visa’s real-time push payment solution, to ensure its freelancer customers can be paid fast.
By joining Visa’s Fast Track program, Oxygen will be able to access the resources that rapidly growing companies need to scale. Oxygen views the collaboration as critical to its success.
Find out more about Oxygen at oxygen.us, and learn more about Visa’s Fintech Fast Track program at partner.visa.com.
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