Barcelona-based Payflow, a YC-backed salary-advance fintech with ambitions to evolve into a neobank, has banked a $9.1 million Series A funding round -- bringing its total raised since January 2020, ...
Many of us have been there. You had a car mishap, and now you've got to pay the mechanic to fix it. This unplanned expense will cost you a few hundred dollars, and like 60% of Americans, you're not ...
Salary advancement is an emerging lending product designed to address the need to maintain cash flows in exchange for an agreed upon percentage of future salary. In light of the repeal of the interest ...
Banking and payments app Revolut is launching a new service where workers will be able to withdraw up to half of their wages before payday. The fintech company, which has 3.5 million customers in the ...
Some banks allow some of their customers to obtain salary advance if their salaries are paid through the lenders. However, banks will look at some things such as the kind of organisation the ...
Facing an emergency or temporary cash shortage? UAE banks are here to help – for a fee. While some companies offer salary advance to employees going on vacation or in emergency situations, loan ...
Receiving a fixed salary at the end of every month guarantees money into our hands. But what happens when there is need for funds before pay-day? In the old world of conservative financial habits, ...
Early this month, I had a chat with a group of human resource managers from various local firms who complained about what they termed employees’ increasing abuse of the salary advance system. From ...
Prime Bank PLC, a leading financial institution dedicated to driving innovation and delivering customer-centric financial solutions, has introduced a new feature to withdraw “salary in advance” for ...
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