Employer backed payroll advances for employees in Egypt
NowPay, a FinTech startup founded by ex-employees of IBM, Microsoft, Orange and Amazon, is building a financial-wellness platform for employees in emerging markets. Saving, spending, budgeting and borrowing. Those are the 4 pillars of financial-wellness. NowPay aims to improve every aspect of those for employees by building products that tackle every vertical.
NowPay enables employees to get their salaries in advance at any point in time during the month and also pay their bills instantly. NowPay is backed by 500 Startups, Beco Capital, Endure, Plug and Play, MSA Capital, 4dx, Foundation Ventures, EFG and Beltone and has raised 3.7m USD so far.
peopleCQ
Founded:2019
Team Size:85
Status:Active
Location:Cairo, Egypt
Active Founders
Mostafa Ashour, Founder
Ex-MSFT, Ex-IBM, Startups. Founder and CEO of NowPay.
We recognized how Gen-AI could help with every facet of the hiring process, so we built a solution to do just that. We also understand how painful it was for us to set up our original hiring infrastructure in the early days. Our product is designed to streamline and accelerate every aspect of recruitment.
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