Arkad
Curated by SignalSalary-linked loans enhancing employee financial wellness through employer partnerships.
Overview
Arkad is a fintech company that focuses on offering salary-linked loans and advances to employees, with the aim of improving financial wellness in the workplace. The company integrates with employer payroll systems, allowing employees to obtain loans with repayments automatically deducted from their salaries. This approach is designed to facilitate a secure repayment process. Arkad addresses the issue of limited access to financial services for employees by providing loans with competitive interest rates and terms that are aligned with their income levels. The services are targeted at employers and are offered at no cost to them, which allows businesses to assist their employees' financial health without incurring additional expenses. Additionally, Arkad features an instant application process through Facebook Messenger, which is intended to simplify access to funds for employees.
Key facts
- Founded
- 2019
- Headquarters
- Singapore, Singapore
- Stage
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- Industry
- Financial Technology
- Sector
- Digital Lending
Business model
- GTM channel
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Contact
- Primary office
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