The Work Index by Flexa

NOW Money

NOW Money is a UAE-based fintech company that provides digital payroll and mobile banking solutions specifically for low-income workers.

https://nowmoney.me/
6.0

/10

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Description

NOW Money is a UAE-based fintech company that provides digital payroll and mobile banking services specifically designed for low-income workers, particularly those who are unbanked or underbanked. Their mission is to create a more inclusive financial system in the Middle East by offering accessible and affordable banking solutions. NOW Money partners with employers to streamline payroll processes, paying employees directly into their mobile bank accounts with Visa debit cards. This eliminates the need for traditional bank accounts, reduces reliance on exchange houses, and empowers employees with tools to manage their finances more effectively.

NOW Money's mobile bank app is available in 11 languages and offers a range of features including sending and receiving money, paying bills, recharging phones, and accessing competitive exchange rates for international remittances. They also provide financial literacy training to help employees make informed decisions about their money. By focusing on the needs of low-income workers, NOW Money is creating a positive social impact by promoting financial inclusion and improving the lives of their customers.

Flexibility

NOW Money encourages a casual, flexible work environment. They prioritize creativity and innovative thinking, allowing employees to be self-motivated and take ownership of their work. They offer a flat organizational structure with open communication and collaboration, promoting a culture of learning and sharing expertise. This fosters a flexible and dynamic workplace where employees can contribute their unique skills and perspectives.

Benefits

NOW Money offers employees a range of benefits, including a mobile banking app with a Visa debit card, the ability to send money home at competitive exchange rates, free mobile top-ups, and 24/7 in-app support in 11 languages. Employees also benefit from dedicated customer service support in 7 languages, as well as on-site training on the NOW Money app and how to use digital banking.

Mission

NOW Money is a UAE-based fintech company dedicated to providing financial inclusion for low-income workers, particularly migrant workers, who often struggle to meet the minimum salary requirements for traditional bank accounts. Their mission is to simplify the world's financial services by offering a digital payroll and mobile banking solution that empowers individuals with access to secure and convenient banking services, including money transfers, mobile top-ups, and financial literacy training.

Automation
Data-driven
Disruptor
Improving quality of life/health
Social impact led
Tech for good

Culture

NOW Money promotes a culture of innovation, collaboration, and social impact. They encourage creativity and self-motivation, fostering an open and inclusive environment where everyone can contribute and learn from each other. The company values a casual work environment and prioritizes employee well-being, recognizing the importance of a strong work-life balance. They are passionate about making a positive difference in the lives of migrant workers in the region and are committed to financial inclusion and empowerment.

Agile and dynamic
Autonomous
Collaborative
Engaging
Entrepreneurial
Fast-paced
Fun
People-first
Progressive
Supportive
Transparent

DE&I

NOW Money actively promotes diversity, equity, and inclusion, recognizing the importance of a diverse workforce that reflects the UAE's multicultural landscape. They hire, train, and retain advocates for social change, embracing individuals from all nationalities, genders, religions, and demographics. The company's flat structure encourages collaboration and learning, creating an inclusive environment where everyone's voice is valued.

Ethnically diverse
Gender diverse

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