8.6 C
New York
Friday, July 1, 2022
Home Uncategorized Musicians getting paid through a paytech platform? Soon a reality

Musicians getting paid through a paytech platform? Soon a reality

A US paytech “Bandpay” founded by DeCarlos Garrison is set to make sure musicians will get paid for their work.

“I’ve experienced this problem first hand,” says Garrison, who created the paytech out of his existing business ‘Bandbasher’. The new platform will establish payment milestones in projects, and offer “mediation” services so both musicians and producers can stay in the loop on a project’s progress.

Despite the presence of  tools and apps in the music industry which help maximize revenue – such as Applaud, Bandcamp, and Reverb Nation – Garrison says “there are a lot fewer tools available for controlling the cost side of the business equation.

Garrison says the app is not just designed for ‘work-for-hire-type’ creative jobs, it can also be used for more long-term projects such as social media management, marketing projects, or branded appearances by influencers.

Jan Cerny
Jan is an innovation enthusiast and Fintech news reporter. He specializes in news distribution, social media, and content analysis.

Recent posts

Revolut has joined the buy now pay later market

Revolut is piloting a new 'buy now, pay later' service in Ireland beginning this week.

Klarna in conflict with Barclays over ‘Irresponsible’ Buy-Now-Pay-Later research

Klarna’s UK executive Alex Marsh has hit out at Barclays for publishing what he called “mind-boggling” and “irresponsible”.

Starling Bank has hit 3m account milestone

Starling Bank has passed the three million current account milestone, which “includes more than 460,000 small business accounts,” according to a recent update.

Revolut teamed up with Salesforce to help grow Revolut Business

Revolut announced a new partnership with Salesforce with an aim to accelerate growth and transform the business banking arm of the digital bank.