Islamic finance platform Thiqa Digital Finance has signed an exclusive technology partnership with earned wage access platform Paymenow that will allow Uganda’s civil servants to have early and responsible access to their already earned wages, secure and interest-free, via a mobile app.
Paymenow’s EWA platform has already provided financing to more than 500 000 people in Africa and will now extend its reach and services to Uganda via this partnership with Thiqa. “The Thiqa-Paymenow product is unique and will address the daily and monthly cash flow challenges faced by most people between paydays, such as struggling to cover the essentials like food, utilities, transport and medication.
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