
GetVanced
Empowering employees with instant access to earned wages and financial wellness tools to boost productivity and retention.
Date | Investors | Amount | Round |
---|---|---|---|
ZAR2.0m | Grant | ||
Total Funding | 000k |
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GetVanced operates in the financial wellness sector, providing a comprehensive suite of tools and services designed to improve the financial health of employees. The company offers a Just In Time financial education tool that includes a library of expert tips, articles, and advice. This tool helps employees manage their finances more effectively by offering insights into spending, saving, and budgeting. One of the key features of GetVanced is its ability to give employees instant access to their earned wages, which helps alleviate cash flow problems and reduces financial stress. This service is particularly beneficial for lower-income workers, as it helps them avoid exploitative interest rates and fees. By improving financial wellness, GetVanced aims to increase employee productivity, motivation, and retention for its client companies. The business model is primarily B2B, targeting companies that wish to offer financial wellness benefits to their employees. Revenue is generated through subscription fees paid by these companies.
Keywords: financial wellness, instant wages, employee productivity, financial education, cash flow, budgeting, saving, lower-income workers, B2B, subscription model.