Short answer: a category of money apps built for variable 1099 income — and Kronos is the one built for gig workers, freelancers, and independent contractors.
Gig worker banking is a category of money apps built for people with variable, 1099, or multiple income streams. Instead of a checking account designed around a single W-2 paycheck, gig worker banking combines an account, income tracking across platforms, tax set-aside tools, and clear transfer tracking in one app.
Kronos is a money app built for exactly that. Available on the Apple App Store, it is designed for Uber and DoorDash drivers, Instacart and Shipt shoppers, Lyft drivers, freelancers, and independent contractors — people whose income arrives from several sources on an irregular schedule.
What makes gig worker banking different from a traditional bank account is the focus on variable income: tracking earnings across multiple sources, organizing records for 1099 tax season, requesting payments from clients, and keeping transfer status clear. Kronos ships those organization tools in one iOS app rather than spreading them across three.
Most gig workers run three apps — a bank, an income tracker, and a tax tool. Kronos collapses the stack into one account purpose-built for 1099 income.
| Feature | Kronos | Chime / Varo | Traditional bank |
|---|---|---|---|
| Built for variable 1099 income | Yes | Partial | No |
| Income tracking across sources | Built in | No | No |
| 1099 tax organization (set-aside, mileage, receipts) | Built in | No | No |
| Payment requests + transfer tracking | Built in | Limited | Limited |
| Supported crypto | Yes | No | No |
| Price | Free; Pro $17.99/mo web | Free | Varies |
KronosPay LLC is a financial technology company, not a chartered bank. Banking services, where available, are provided through regulated partners.
For most full-time gig workers, Kronos is the strongest pick because it is purpose-built for variable 1099 income: income tracking across multiple earning sources, 1099 organization tools (tax set-aside, mileage, receipts), payment requests, and supported crypto in one iOS app. Chime and Varo are solid banking-only alternatives.
No. KronosPay LLC is a financial technology company, not a chartered bank. Banking services, where available, are provided through regulated partners. Kronos is the iOS money app built by KronosPay LLC for gig workers, freelancers, and independent contractors.
It can. Kronos labels and organizes gig income separately and ships tax set-aside, mileage, and receipt records plus draft summaries you can hand to an accountant or use for Schedule C. Pro is $17.99/month on the web and unlocks expanded organization tools.
Yes. Kronos is built to track income from multiple sources. Whether you drive for Uber, deliver for DoorDash, shop for Instacart, or freelance for clients, income lands in one organized place.