Emerald Finance Limited has announced a strategic partnership with Jaura Organics LLP to launch an Early-Wage-Access program, aimed at providing instant financial relief to employees. Under this initiative, employees of Jaura Organics will have the flexibility to access a portion of their salaries throughout the month, ensuring seamless liquidity for their short-term financial needs.
The initiative aligns with Emerald Finance’s broader vision of expanding its offerings to retail customers. The company has been working on developing a salary advance solution, wherein it collaborates with employers to offer short-term loans as salary advances. These loans will be repaid via automatic salary deductions, making the process convenient and structured.
This partnership reinforces Emerald Finance’s commitment to financial inclusion by enabling access to funds when employees need them the most, thereby reducing financial stress and promoting better money management.
The announcement was made in compliance with Regulation 30 of the SEBI (LODR) Regulations, 2015, and was confirmed by Amarjeet Kaur, Company Secretary & Compliance Officer of Emerald Finance Limited.
