Joust: Banking Will Pay People on Their Unpaid SXSW Invoices
- Joust is the nation’s only all-inclusive banking platform for independent professionals
- Announced that it will pay qualified users on their unpaid SXSW invoices to help mitigate the financial impact of the SXSW cancellation
- The company also provide anyone affected with zero payment processing fees on its FDIC-insured free bank account
- SXSW officially announced that it would cancel its 2020 event due to concerns around the spread of Coronavirus
- Joust will fund SXSW invoices using its invoice-factoring tool, PayArmour
- The company’s business banking app combines an FDIC-insured bank account with a merchant account to accept all kinds of payments
