This news comes as a surprise to many, as Silvija Martincevic had abruptly resigned from her position at Affirm just one month ago. However, it seems that she has found a new home with Deputy, which is focused on expanding its reach globally. With Martincevic at the helm, Deputy looks poised for big things in the near future.
Martincevic has a history of success in the online retail space, having led growth at Groupon and leading the international business for Groupon in Europe, Asia and Australia. She brings a unique perspective to Affirm, as she understands the needs of merchants and how to grow their adoption of digital payment methods. Her experience will be invaluable as Affirm continues to rapidly expand its reach across the globe.
Deputy is a workplace automation platform that is used by over 330,000 workplaces around the world. The company has raised $104 million AUD from investors and reached soonicorn valuation. Deputy says it has surpassed $100 million AUD in annual recurring revenue.
With Deputy now under the leadership of Martincevic, the startup is poised for continued growth and success. Under his direction, Deputy has established itself as a leading player in the digital space, with plans to expand its platform into new markets and continue innovating its services. With Martincevic’s years of experience in business management and leadership, Deputy is well-positioned to take advantage of current market trends and create future success.
Since leaving her career in finance, Martincevic has been working on a project called “Shift”, which aims to make tech more accessible and affordable for those living in poverty. Through the project, she hopes to create opportunities for job growth, education and entrepreneurship among those who are traditionally underserved by the industry.
Lindsay has a background in digital economy and bringing small businesses into the digital world. She is now focused on helping employers comply with labor regulations and creating financial products for shift workers. Her new job at Deputy will allow her to continue this work while also developing new products and services for the company.
While it is difficult to build two-sided networks businesses, they can be long-lasting when done correctly. Deputy, Affirm, and Kiva all employ two-sided networks as their business model, and all three companies have achieved sustained success. It is important that companies focus on creating equitable products and ecosystems for both sides of the network in order to achieve lasting results.
Martincevic believes that Deputy’s experience operating in regulated European and Australian markets gives the company an advantage in adapting to U.S. worker protection policy changes, which are still being developed. Recently, Deputy raised $15 million in Series Afunding to bolster its expansion into the U.S., where it sees significant potential for growth as the country adapts to new labor laws.
Deputy is a new technology that enables employers and employees to interact in a more efficient and fair way. Deputy helps with things such as tracking hours worked, creating payroll, and communicating with employees. This technology can help to drive a large shift in the way workers and employers interact, making lives easier for both parties.
