STOCKWATCH
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Non Banking Financial Company (NBFC)
Partnership21 Apr 2025, 06:08 pm

Emerald Finance Ltd Partners with HI FASHION to Offer Early-Wage-Access Program

AI Summary

Emerald Finance Ltd has submitted a disclosure under Regulation 30 of LODR Regulations, 2015, announcing a partnership with HI FASHION, a partnership firm. The collaboration aims to provide an Early-Wage-Access program to the employees of HI FASHION, offering instant financial relief by allowing them to access part of their salaries throughout the month. Emerald Finance, in line with its vision to expand its offerings and serve retail customers at large, had been developing a salary advance solution. The product involves tying up with employers to offer short term loans as salary advance, with the amount lent collected through salary deduction.

Key Highlights

  • Emerald Finance Ltd partners with HI FASHION to offer Early-Wage-Access program
  • Partnership aims to provide instant financial relief to employees
  • Emerald Finance's salary advance solution targets retail customers
  • Short term loans offered as salary advance
  • Amount lent collected through salary deduction
EMERALD
Non Banking Financial Company (NBFC)
Emerald Leasing Finance & Investment Company Ltd

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