Emerald Finance Ltd Partners with Digikore Studios to Offer Early-Wage-Access Program
Emerald Finance Ltd, in accordance with Regulation 30 of LODR, 2015, has announced a partnership with Digikore Studios Limited to provide an Early-Wage-Access program to the company's employees. Digikore is one of India's leading Visual Effects (VFX) Services companies, contributing to several Bollywood & Hollywood Films, Web Series, TV Series, Documentaries, and Commercials. This collaboration aims to offer immediate financial relief to employees by enabling them to access a portion of their salaries seamlessly throughout the month. Emerald Finance Ltd, driven by its vision to expand its services and cater to retail customers, had been developing a salary advance solution. This product involves partnering with employers to offer short-term loans as salary advances, with the collected amount deducted through salary deductions.
Key Highlights
- Emerald Finance Ltd partners with Digikore Studios Limited to introduce an Early-Wage-Access program for employees.
- Digikore Studios is a prominent VFX Services company working on Bollywood & Hollywood Films, Web Series, TV Series, Documentaries, and Commercials.
- The partnership aims to provide instant financial relief to employees by allowing them to access part of their salaries before the monthly payday.
- Emerald Finance Ltd had been developing a salary advance solution to expand its offerings and serve retail customers.
- The salary advance solution involves tying up with employers to offer short-term loans, which are then collected through salary deductions.