Earned wage access and employee financial wellness platform Paymenow has merged with Johannesburg fintech PayCurve.
The combined business will operate under the Paymenow brand.
Founded in 2019 and headquartered in Stellenbosch, Paymenow now serves more than 750 000 employees across South Africa, Namibia, Zambia and Pakistan.
Its platform gives employees access to their earned wages before payday, helping them avoid debt and navigate everyday costs with dignity. This is supported by fee-free vouchers for essential items, an interest-bearing savings account, and free financial education, all designed to build long-term financial wellbeing.
Founded in Johannesburg in 2020, PayCurve adds data-led identification of financially distressed employees before crisis point, personalised affordability assessments, structured debt rehabilitation journeys, gamified money coaching and automated savings tools.
“Millions of working South Africans face two realities at once: they run short of cash before payday, and they carry debt they cannot sustainably service,” says Deon Nobrega, CEO and co-founder of Paymenow. “PayCurve has built a capability no one else in the market has — identifying financially vulnerable employees early and helping them recover.
“By bringing that into Paymenow, we can now guide an employee from their first wage advance all the way to becoming debt free and building savings.”
Tamir Sacks, co-founder and CEO of PayCurve, comments: “Earned wage access is powerful, but it works best when combined with savings, education and debt recovery support.
“The missing piece in the market has been proactive debt intervention. Joining Paymenow means we can now scale that mission nationally and help transform employee wellbeing across South Africa.”