Paymenow company logo

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paymenow.app

Founded Year

2019

Stage

Grant | Alive

Total Raised

$1.21M

Last Raised

$980K | 2 yrs ago

About Paymenow

Paymenow is a financial wellness and inclusion platform that allowsemployees' early access to already earned wages.

Paymenow Headquarter Location

Regus, 3rd Floor, Eikestad Mall, 43 Andringa Street

Stellenbosch,

South Africa

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Expert Collections containing Paymenow

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Paymenow is included in 1 Expert Collection, including Store management tech (In-store retail tech).

S

Store management tech (In-store retail tech)

376 items

Latest Paymenow News

SA fintech Paymenow partners with Shoprite

May 30, 2021

SA fintech Paymenow partners with Shoprite by 12 Views Share SA financial wellness an inclusion fintech startup Paymenow is offering a solution where Shoprite users can directly buy necessities such as food, pre-paid electricity, and airtime directly from the retailers. In addition, employers can pay their employees a portion of their wages and salary before the due date. The firm is looking to roll out a similar feature for other stores such as Pick n Pay and Boxer Superstores. Bryan Habana, the prolific rugby champion is now a business development head at Paymenow. He also pointed out the high rate of inflation and the need for South Africans to “ stretch their rand” particularly in the case of life-saving necessities. Paymenow is looking to shift the need for South Africans to opt for predatory payday loans, through their clever solution. Last year we shared how the Stellenbosch-based startup raised $231K seed funding from ViaMedia.

Paymenow Web Traffic

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  • When was Paymenow founded?

    Paymenow was founded in 2019.

  • Where is Paymenow's headquarters?

    Paymenow's headquarters is located at Regus, 3rd Floor, Eikestad Mall, 43 Andringa Street, Stellenbosch.

  • What is Paymenow's latest funding round?

    Paymenow's latest funding round is Grant.

  • How much did Paymenow raise?

    Paymenow raised a total of $1.21M.

  • Who are the investors of Paymenow?

    Investors of Paymenow include Catalyst Fund and ViaMedia.

  • Who are Paymenow's competitors?

    Competitors of Paymenow include SmartWage.

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