Company launches Shariah-compliant solution Neem Paymenow.
, a Pakistani financial services provider, to roll out the Shariah-compliant offering Neem Paymenow in Pakistan.
Paymenow was established in 2019 by former Springbok Bryan Habana, who serves as chief client officer, and Deon Nobrega, group CEO, to provide EWA as a financial wellness offering to South Africans.through Rand Merchant Bank and has successfully launched the service in Namibia, Uganda, and Zambia, with ongoing expansion plans in Africa and abroad.
“With a population of approximately 240 million, primarily composed of blue-collar workers in an underserved and underbanked market, we see clear parallels to our existing operations in Africa,” says Nobrega.In the South Asian country, only 2.5% of the population has access to formal credit sources, leaving a huge number of people financially underserved.
Neem Deon Nobrega Earned Wage Access EWA Neem Paymenow Bryan Habana
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