Wollit

The explosive rise of zero hour contracts, variable shift patterns, and the gig economy herald the end of financial security for millions. The days of predictable wages and fixed hours are gone. In their place volatile paychecks and painful income shocks. Volatile income forces people to live in a financial twilight zone characterised by wild cashflow swings, reliance on extortionate credit and mounting debt. Income instability effects health, relationships and economic mobility. It damages productivity and burdens welfare resources. Volatile income sucks people into the poverty trap. It is an acute financial problem pervading society across income and skill levels. Stable income is the key to financial health as it provides financial visibility and certainty. It boosts security and resilience and improves quality of life. Wollit is a financial platform that gifts financial stability and peace of mind to the millions of people who suffer from the severe wide-ranging hardships of volatile income. With it’s Minimum Income Guarantee, Wollit irons out income fluctuations and provides people visibility, certainty and cashflow when they need it most. Wollit’s Income Guarantee is an innovative, ethical, affordable and scalable solution to one of the biggest financial problems affecting a large and growing proportion of society.