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Employer backed payroll advances for employees in Egypt

Y CombinatorWinter 2021ActiveFintechAsset ManagementRecruitingHR Tech

What they do

Problem

Employees in Egypt and other emerging markets lack access to timely wages and financial tools to manage cash flow and bills between paychecks.

Solution

An employer-backed financial wellness platform that provides on-demand payroll advances and instant bill payments alongside saving, spending, budgeting, and borrowing tools.

Who it's for

Employees who receive salaries through participating employers in emerging markets, with employers offering the benefit.

Founders

Mostafa Ashour
Founder

Ex-MSFT, Ex-IBM, Startups. Founder and CEO of NowPay.

Ahmed Abuelenien
Founder

Find a want, fill a want!

Company timeline

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