Salary on-demand startup, Cadana in partnership with Africa’s leading payment technology company, Flutterwave expanded its operations deeper into Nigeria.
Cadana startup which assists businesses in providing modern payroll platforms for employees and have them access their earned salary on-demand, anytime and anywhere. So, with the partnership, Flutterwave would provide the necessary technology to processing these payments for employers and employees on the startup.
Also, the new partnership will that over 400 million workers in Africa benefiting for it and instead of waiting for the close of the month, this alternative would go up to 300% in interest rates with unsuitable loan-repayment systems.Cadana helps People Managers in African companies digitize Payroll, statutory compliance, onboarding, offboarding, reports and time-tracking.
From logging to payday, Cadana’s time tracking solution automatically syncs with payroll to make disbursement easier, making life easier for people management and small businesses.
CEO and Co-Founder of Cadana Albert Owusu-Asare, said, “Our work in Ghana helped us take feedback from businesses and employees and improve our solution. People Managers and business owners wanted a solution that could make their employees more comfortable, reduce money troubles month-on-month and empower them to do more with their wages. We currently partner with businesses like Float, Tendo, KEK Group; one of the largest insurance brokers in Ghana etc. We’re happy that we can easily launch into any other African country with Flutterwave’s help.”
Co-Founder and CTO, Ameer Shujjah commented, “Integrating with Flutterwave was easy and offers us more flexibility than imagined. We’re excited to be in Nigeria with their help and as we continue our growth and expansion journey, we hope to continue counting on their help to empower African workers. Cadana is an ecosystem of solutions built to improve productivity for workers in Africa. We handle the employees’ money issues, allowing them more time and ability to focus on doing more with their time and growing businesses in Africa. We have plans to build helpful personal money management solutions on top of our people management platform to make it easier for workers in Africa to create more wealth directly from their wages.”
CEO and Founder of Flutterwave Olugbenga Agboola added, “We’re excited to enable startups like Cadana to expand swiftly and quickly across Africa. Cadana’s work providing real time salary access to employees across Africa is commendable and we’re glad that they’re fulfilling their mission on Flutterwave. Our work with startups form a major part of our vision to grow businesses. We’re proud to support their growth and expansion into Nigeria. We’re excited to see their progress as they support employees in Nigeria.”
