Adelaide, Australia – May 26, 2025 – MyGigsters, an innovative fintech platform revolutionising financial services for the gig economy, has been awarded the Emerging Industries Award at South Australia's prestigious 40 Under 40 Awards. Simultaneously, its visionary founder and CEO, Benjemen Elengovan, has been named among South Australia's 40 Under 40 for 2024, recognising his significant contributions to the state's entrepreneurial landscape.
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Pioneering Financial Solutions for the Gig Economy

Founded in 2021, MyGigsters addresses the unique financial challenges faced by gig workers and independent contractors. The platform offers a suite of embedded financial services, including income and expense management, tax automation, instant pay access, and embedded insurance. By integrating seamlessly with existing gig platforms, MyGigsters empowers businesses to support their gig workforce effectively, enhancing financial wellbeing and compliance. mygigsters.com.au+2Startup Daily+2VentureRadar+2VentureRadar

"Our mission is to create a safer, more financially secure gig workforce," said Elengovan. "This recognition affirms our commitment to delivering innovative solutions that address the evolving needs of the gig economy." fintechshowcase.com.au+2Startup Daily+2InDaily+2
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Recognised Leadership and Innovation

The Emerging Industries Award celebrates businesses that are at the forefront of developing new and innovative industries in South Australia. MyGigsters' cutting-edge approach to financial services in the gig economy exemplifies this spirit of innovation.

Elengovan's inclusion in the 40 Under 40 highlights his leadership and impact as a young entrepreneur. The award recognises individuals under the age of 40 who demonstrate exceptional leadership, innovation, and vision in their respective fields. Elengovan's journey from a gig worker to a fintech founder serves as an inspiration to aspiring entrepreneurs. InDaily+2Solstice Media+2Solstice Media+2LinkedIn
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Continued Growth and Impact

In early 2025, MyGigsters secured a $1.1 million seed funding round, enabling the company to expand its services and further develop its platform. The funding round was supported by angel investors and customers who share the company's vision for empowering gig workers with financial security. Startup Daily+1InDaily+1InDaily

With a growing user base and strategic partnerships, MyGigsters is poised to make a significant impact on the gig economy, both in Australia and globally.

For more information about MyGigsters and its services, visit www.mygigsters.com.au.