Uber is exploring the possibility of introducing a number of financial offerings on its platform. An unnamed source said the firm is hiring 100 of engineers for a New York-based team that could eventually exceed dozens. A "payments experience", which would encourage loyalty to the Uber platform, is said to be among the possible ventures along with a service enabling contractors to manage funds they've earned working for the company. Uber is also said to have been in high-level discussions about creating a bank account, although such an innovation is probably years away.
Uber is exploring the possibility of introducing a number of financial offerings on its platform. An unnamed source said the firm is hiring dozens of engineers for a New York-based team that could eventually exceed 100. A "payments experience", which would encourage loyalty to the Uber platform, is said to be among the possible ventures along with a service enabling contractors to manage funds they've earned working for the company. Uber is also said to have been in high-level discussions about creating a bank account, although such an innovation is probably years away.