Business

Paymenow Announces Its Partnership With Izwe Africa Group

Paymenow Announces Its Partnership With Izwe Africa Group. Financial services startup Paymenow has announced that it has partnered up with Izwe Africa Group in order to launch its innovative earned wage access (EWA) platform.

The post read, “Paymenow is excited to announce that we have partnered with Izwe Africa Group, a well-established financial services provider to launch our innovative earned wage access (EWA) platform in Zambia. EWA is increasingly becoming an employee-value-proposition differentiator and together with Izwe we are excited to bring about social change in Zambia and empower users from indebtedness to saving and investing.”

Paymenow is a financial wellness and inclusion platform that allows employees on demand access to earned wages. The service aims to empower users on how to migrate away from indebtedness. The platform promotes responsible financial behaviour and encourages saving. The company’s vision is to initially ease the burden inflicted by payday and micro lenders through affordable realtime access to cash and to then educate and assist reaching financial goals.

Izwe Africa Group is an established credit provider operating in Ghana, Kenya and Zambia. The company services a range of economically-active individuals, entrepreneurs and business owners with a range of financial solutions including purpose-based loans, asset-backed loans and savings and investment solutions to contribute to the development of each country as a whole. Since expanding from South Africa in 2008, it has followed a steady and managed upward progression, and continually focused on developing a world-class business through strategic location choices.

By Thomas Chiothamisi
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