Earnipay, the fintech startup committed to improving staff productivity and financial well-being by enabling employees get flexible and on- demand access to their earned salaries ahead of payday has partnered with OnePipe to ensure that the financial transactions that characterize Earnipay’s offerings are done friction free and at lightning speed.
In Nigeria today, employees often have to wait for a 30 day payday cycle, meanwhile, life doesn’t stop happening and unforeseen financial obligations and pressure to meet expenses and settle bills have historically cost employers up to 30 working days in lost productivity annually. Earnipay is fast becoming the definitive on-demand salary access solution, taking on the single biggest source of distractions and declining productivity in the workplace– money worries and helping employers stay out of debt cycles from predatory payday loans and unlock financial freedom.
Speaking on the collaboration, Earnipay founder and CEO, Nonso Onwuzulike said; “We are constantly improving the way that we serve our primary customers; employers and employees, and our adoption of the robust APIs available on the OnePipe gateway is in line with our commitment to offer financial freedom to businesses. For employers, this is freedom from the challenges that come with poor performance and staff turnover created by employees having to deal with financial struggles while for employees, its freedom from restrictive monthly payment cycles and an open door to flexible access to the money you’ve earned. Leveraging OnePipe’s resilient infrastructure ensures that disbursement/collections happen in a matter of seconds, improving our promise to our consumers”
This partnership sets the stage for Earnipay to further scale its service to over 200,000 employees before the end of 2022 and rapidly expand across the African region.
Commenting on the partnership, OnePipe’s CEO, Ope Adeoye had this to say: “OnePipe’s fundamental promise is to work with its partners to achieve customer intimacy and operational excellence through embedded finance. We keep to this promise daily by ensuring that the OnePipe gateway delivers world class service on time, every time. Earnipay choosing OnePipe as they progress on this laudable journey is a further incentive for Onepipe to keep to its promise.”
Earnipay is a financial wellness fintech solution that integrates employers payroll and HRM systems to enable on-demand financing for employees to access their earned salary instantly without interest. Earnipay’s Flexible Salary Access helps organizations improve employee engagement and productivity by relieving financial stress caused by eliminating the need for a salary advance or predatory payday loans with interest rates. For more information, visit earnipay.com
Busayo Oyetunji ([email protected])
OnePipe is a mission-driven organization with an intense belief that the world needs a new type of financial services ecosystem. One where everyone has a role to play, and everyone has some value to capture. And while there’s a need for some gatekeepers, their influence needs to be minimal. Since its inception in August 2018, OnePipe has facilitated the seamless launch of financial services products by diverse, cross-industry innovators. OnePipe successfully processed over $70 million worth of Embedded Finance transactions as at February 2022
For more information, visit OnePipe’s website at https://onepipe.com/
Femi Apesin ([email protected])