
MyWagePay
Curated by SignalOn-demand pay platform enabling instant access to earned wages.
Overview
MyWagePay operates in the on-demand pay sector, offering a platform that enables employees to access earned wages before their scheduled payday. This service is designed to assist individuals who may encounter financial emergencies, serving as an alternative to high-cost short-term loans. MyWagePay integrates with employer payroll systems to facilitate secure and efficient fund transfers via mobile applications. The platform targets small and medium-sized enterprises (SMEs) by providing embedded credit solutions, which are supported by the Central Bank of Kenya. This approach aims to help employees manage their cash flow while also enhancing the offerings available to employers, potentially contributing to financial wellness and employee retention.
Key facts
- Founded
- 2021
- Headquarters
- Nairobi, Kenya
- Stage
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- Industry
- Financial Technology
- Sector
- Digital Lending
Business model
- GTM channel
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- 4 products and services
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Contact
- Primary office
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