Partnership brief:
Qsalary, a leading B2B fintech company specializing in salary advances, is excited to announce its official launch in Egypt. In partnership with NymCard a leading financial technology service provider in MEA region , Qsalary is bringing to the market seamless and innovative technologies that offer end-to-end financial solutions, empowering small and medium enterprises (SMEs) and large corporations alike. This collaboration introduces a new prepaid card service for employees, enabling them to use their advanced salary for online and offline purchases, ATM withdrawals, and POS transactions.
Brief about Qsalary:
Qsalary, a FinTech venture founded in 2021 and established through the reputable venture builder ASFA operating in Saudi Arabia and Egypt. The platform addresses HR department needs by enabling companies to provide their employees with on-demand access to earned wages, addressing critical financial needs. The innovative technology creates a win-win situation: employees gain greater financial flexibility, while employers benefit from a hassle-free, cost-neutral solution. With Qsalary, a significant portion of the workforce can achieve financial empowerment, enhancing overall job satisfaction and productivity.
Qsalary and NYMCard partnership marks a significant step in empowering employees with greater financial flexibility. The Qsalary branded prepaid card, powered by NYM Card, will provide users with seamless access to their funds, enabling better financial management and control.
“We’re excited to bring Qsalary to Egypt and partner with NYM Card to offer this innovative service,” said Amr Aboushady, Co-Founder at Qsalary. “Our goal is to enhance the financial well-being of employees by giving them easy access to their earned wages.”
Brief about Nymcard:
NymCard is a leading provider of end-to-end embedded finance & payment solutions founded in 2018 in the MEA region, simplifying payments with its modern platform & empowers businesses of all sizes to launch new payment products quickly, through multiple forms of cards, multi-currency offerings ,embedded lending solutions and SMEs operative ecosystem.
NymCard is thrilled to partner with Q salary, a prominent fintech company focusing on SMEs end to end solutions. Under this agreement, NymCard will leverage its cutting-edge financial solutions to introduce new standards in digital payments in Egypt, ensuring accelerated time to market and rapid business growth for our partner.
“We are thrilled to embark on this strategic partnership with Qsalary. Together, we will introduce seamless payment and embedded finance solutions that empower SMEs and large enterprises to streamline their operations and focus on their core business. We look forward to expanding our collaboration with Qsalary, not only in Egypt but across the entire region.” Said by Omar el Moataz, Nymcard Country Manager.
For more information, visit www.qsalary.com
