Signing of MOU between EZ Wage and RIZQ solidifies their joint efforts to provide salaried professionals with financial assistance in managing unforeseen expenses and cash-flow gaps.
The well-known regional financial wellness platform EZ Wage and RIZQ, an app for salaried professionals and independent contractors that promotes true financial wellness, have announced a partnership. This collaboration marks a significant turning point in the mission to increase loan accessibility and convenience for wage earners.
Through this partnership, Salaried Professionals and Freelancers will be able to digitally access simple loans and establish credit histories that can be scored. The signing of a Memorandum of Understanding (MOU) between EZ Wage and RIZQ solidifies their joint efforts to provide salaried professionals with financial assistance in managing unforeseen expenses and cash-flow gaps.
S. H. Kazi, CEO of RIZQ and Rozee.pk, said in a statement regarding the partnership that RIZQ “aims to address the low penetration of financial products and services for the 20 million employed professionals by providing creative embedded solutions.
” Our partnership with EZ Wage will make borrowing easy and responsible for RIZQ users. We are thrilled to partner with RIZQ’, added Fatima Batool, CEO and Founder of EZ Wage, when discussing the relationship. Our platform will enable RIZQ’s users to better manage their money by giving them access to instant cash advances when they’re most in need.”
Employees can access their earned wages through the online platform EZ Wage before their next payday, which enables them to take care of their urgent financial needs. The platform eliminates the need for payday loans, high-interest credit cards, or other forms of credit by giving workers immediate access to their earned wages.
RIZQ is a user-friendly financial wellness app for salaried professionals and independent contractors that provides a number of embedded products and money-management features like daily halal profit, committee, smart online payments, intelligent budget planner, loans, and flexible health insurance. Making your money work for you is now simple and easy thanks to the RIZQ app.
For Salaried Professionals and Freelancers, RIZQ is a free app that can be downloaded from the Android and iOS stores.