Paymenow and PayCurve merge to launch integrated financial wellness platform

Paymenow and PayCurve merge to launch integrated financial wellness platform

Stellenbosch-based Paymenow has announced a merger with Johannesburg’s PayCurve, establishing what the entities describe as South Africa’s first fully integrated employee financial wellness platform. The combined business will operate under the Paymenow brand, consolidating earned wage access (EWA) and proactive debt intervention into a single service offering. Read: GameStop explores massive acquisition of eBay to…

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Africa: Paymenow Gets .5m Facility From Standard Bank for Africa Expansion

Africa: Paymenow Gets $22.5m Facility From Standard Bank for Africa Expansion

TLDR South African earned wage access startup Paymenow has clinched a ZAR400 million ($22.5 million) working capital facility from Standard Bank Founded in 2019, Paymenow provides employees with real-time access to earned wages, helping them avoid payday lenders and improve their financial wellness The Stellenbosch-based startup previously raised a ZAR250 million ($14 million) debt facility…

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