Little has officially launched MySalary, an innovative on-demand salary access platform designed to revolutionize how employees across Africa access their earned wages.
By breaking away from traditional monthly pay cycles, MySalary empowers employees with financial flexibility and control, ensuring they can withdraw a portion of their earned wages whenever needed.
Speaking at the launch, Mr. Kamal Budhabhatti, CEO of Little, emphasised the platform’s transformative impact. “MySalary is a nano-lending platform that allows employees to access small salary advances based on the number of days they’ve already worked in the month,” said Mr Budhabhatti.
“The platform is designed for ease of use, ensuring a seamless and secure experience. With robust security measures in place, transactions are safe and reliable, transferring funds directly to mobile money or bank accounts.”
Key features include daily 24/7 salary access, where employees can withdraw a portion of their earned wages anytime, providing financial flexibility. There is also seamless integration enabling employers to integrate MySalary into existing HR and payroll systems without additional costs or process changes.
Mr Budhabhatti said MySalary increases employee satisfaction and productivity by reducing financial stress, improving workplace morale and performance.
“The introduction of MySalary is set to positively impact thousands of employees, reducing reliance on high-interest loans and fostering a more stable financial future,” he said. “Employers, in turn, benefit from higher retention rates, improved employee well-being, and a more engaged workforce.”
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