StockWatch
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Non Banking Financial Company (NBFC)
Partnership14 Oct 2026, 05:30 pm

Emerald Finance Partners with Halomax for Salary Advance Program

AI Summary

Emerald Finance Ltd has announced a strategic partnership with Halomax Lighting Solutions Private Limited to introduce an Early-Wage-Access program for Halomax employees. This initiative allows employees to access a portion of their earned salaries throughout the month, providing instant financial relief. The program aligns with Emerald Finance's vision to expand its offerings and serve a broader retail customer base by facilitating short-term loans through employer tie-ups, with repayment via salary deduction.

Key Highlights

  • Partnership with Halomax Lighting Solutions for salary advance program.
  • Enables employees to access earned salaries instantly.
  • Expands Emerald Finance's retail customer offerings.
  • Repayment collected through salary deductions.