Dubai: - NOW Money, the digital payroll solution for companies in the United Arab Emirates and the Kingdom of Saudi Arabia, has been awarded five international accolades for its innovative payroll for corporates and inclusive banking solutions for their employees, no matter what their salary level.
Notably, NOW Money has been recognised as the Best New Digital Payroll Solutions Provider in the UAE for its unique product designed around the needs of HR and finance managers in the Gulf.
In addition, NOW Money was awarded Best Inclusive Mobile FinTech for the mobile banking solution it provides to companies’ migrant workers across the GCC. Since its launch, NOW Money has enabled thousands of migrant workers with access to financial services, most for the very first time.
In fact, this year, NOW Money relaunched its customer app after a 12-month long innovation project. NOW Money’s objective was to ensure it does not just give the unbanked population in the GCC access to financial services, but it provides users with a financial service they can easily understand and genuinely want to use. NOW Money’s updated customer app is the first and only one of its kind to; deliver a highly personalised digital experience, develop its audiences’ digital confidence, and be human-centric in its design.
NOW Money has been awarded:
- CFI Inclusive Finance Awards
Best Inclusive Mobile FinTech - Middle East 2021 - World Business Outlook
Most Innovative Digital Payroll Solutions Provider UAE 2021
Most Innovative FinTech Company UAE 2021
Fastest Growing FinTech Company UAE 2021 - Global Brands Magazine Fintech Awards
Best New Digital Payroll Solutions Provider, United Arab Emirates 2021
Other fintech companies to scoop up accolades across the same awards include Transferwise, Tabby and NuBank.
Katharine Budd, co-founder, NOW Money, said: "We are delighted that NOW Money has been recognised in these global leagues. Our team has worked tirelessly to create a best-in-class, seamless experience for businesses and their employees. No company in 2022 should be suffering with laborious month-end payment processing or from a lack of banking options for their employees. Our payroll service is here to support your goals by freeing up your finance team to work on the big stuff and giving all your workers accounts they will love.”
NOW Money’s free payroll portal is trusted by 150 companies across the GCC. It provides the GCC’s leading businesses with the flexibility and control they need to process salaries, end-of-service-benefit, and expenses.
All employees receive a NOW Money digital account to get paid into, with low-cost in-app remittance options and a Visa card to use online and in store. NOW Money is set to onboard another 500,000 to a million employees in 2022.
-Ends-
About NOW Money
- NOW Money works with GCC companies as a payroll service. Every company receives the easy-to-use NOW Money payroll portal, and every employee receives a NOW Money account, and the NOW Money app, which gives them the ability to remit money overseas safely and quickly at low cost.
- NOW Money has won over 20 awards internationally for financial inclusion and is backed by the world’s best-known fintech venture capital funds, banks and regulators.
- NOW Money is the working name of NOW Payment Services Provider L.L.C, license number 767072 since 2016.
- To find out more about NOW Money, visit https://nowmoney.me/ or follow on Twitter and LinkedIn.
© Press Release 2021
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