Numo is like upside-down Deel

TL;DR

Numo verifies and credentials global contractors and lets them earn and hold the USD they get from working for American companies. When they need to spend it, we transfer money instantly to their local bank account.

We launched last week, and have 105 contractors already live and onboarded on Numo, sending their first invoices.

Problem

Paying international contractors for short-term engagements is messy. It’s full of remittance services whose brands are not conducive to trust or a professional environment and often look fraudulent to the uninformed.

For contractors, it’s even messier. With expensive fees, slow transfer times, and fuzzy tax + compliance rules — we’ve seen our customers resort to funneling money through friends and families just to get paid.

And the death blow for contractors is the hyperinflation many of their home currencies are experiencing. Contractors work more every day for less money. International contractors want to hold their funds in USD as long as they can, and then bring it back only when they need to spend.

Solution

So we built Numo:

1. Contractors can onboard and get verified, background checked, and launch their profiles.

   

2. Every invoice they send via Numo to their clients is paired with their verified profile.

   

3. Their American clients get to pay the way they are most comfortable: ACH payment to a US bank account.

   

4. Contractors can hold the USD they make stateside until the moment they need to spend it locally. They can transfer funds to their local account within 20 seconds without excessive fees.

   

   

We’re the team to build this

We all met working in the messy, terrible world of global telecom. We were the early operators at Hologram — a worldwide cellular network for IoT — taking the business from $0 to $20M ARR and through a successful Series B round.

👆 The Numo team on the ground running onboarding events in Lagos, Nigeria.

Reuben Balik was the first engineer at Hologram. He led the integrations with some of the worst telco APIs from Verizon, Telus, Deutsche Telekom, and TIS into a unified SIM card platform.

Q Carlson was the 2nd designer at Flexport and has crafted beautiful experiences in messy, hard industries like supply chain. He uses design to differentiate — attracting a premium for the product and accelerating growth.

Derrick Wolbert ran the GTM team at Hologram from zero through Series B. Before Hologram, he navigated complex bureaucracy at Jeep/Chrysler, building the infotainment platform Waymo relies on in their vehicles.

Numo founders in Dogpatch 👆

Ask

Are you using international contractors in your business? Ask them to invoice you using Numo!

We’re live in Nigeria. With Kenya, South Africa, Vietnam, Thailand, Malaysia, and the Philippines coming very soon.

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Get in touch with the team:

Derrick Wolbert, CEO — [email protected]
Q Carlson, CPO — [email protected]
Reuben Balik, CTO — [email protected]