• Fiverr has announced a suite of back-office tools Fiverr Workspace to help freelancers and small business owners manage their back-end operations. Fiverr Workspace allows users to combine independent freelance businesses and those already on the Fiverr Marketplace onto a unified platform.

• Fiverr Workspace features tools offered in AND.CO (a business management software for freelancers previously offered by Fiverr, which is now integrated into Fiverr Workspace) such as time and expense tracking, task management, proposal, and contract management. It also offers a range of new features, including new payment options that allow users to work on a retainer, automated tax preparations, and an improved UX design.

• Fiverr Workspace will be rolled out in the upcoming months as a freemium service, with paid plans starting at USD 24 per month or USD 216 for an annual subscription. 

<ul><li>Analyst QuickTake: Fiverr Workspace builds on the company’s strategy to be a holistic platform by providing an end-to-end offering, expanding its monetization capacity. To this effect, Fiverr has already made multiple acquisitions, including that of Stoke Talent last week,  CreativeLive in early October, and Working Not Working earlier this year. The recent efforts also coincided with the launch of LinkedIn’s Service Marketplace , which was to compete with the likes of Fiverr and Upwork. </ul>