The Ryalize Roundup: October

There's been a whirlwind of excitement at Ryalize, and we couldn't wait to share the latest updates with you. Here's what you might have missed:

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MENAITECH MOU ANNOUNCEMENT

We're thrilled to announce our recent Memorandum of Understanding (MOU) agreement with Menaitech , a major HRMS player in the MENA region, with over 2 million users. This strategic partnership will allow us to integrate our Earned Wage Access (EWA) solution into Menaitech's HRMS platform, providing companies and their employees with easier access to financial liquidity. In addition, it opens new possibilities for Ryalize to provide even more accessible financial solutions to companies and their employees.

Read the full article here.

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DIFC FINTECH ACCELERATOR PROGRAM

Late September, we announced that Ryalize has been selected to join the Dubai International Financial Centre (DIFC) Fintech Accelerator Program. This opportunity is a testament to our commitment to pushing the boundaries of financial wellness and innovation across different markets. Through this program, we aim to reach new heights in our mission to transform the financial landscape.

LATEST BLOG POST

Our latest blog post delves into the profound impact of Earned Wage Access on the financial landscape. We're changing the game in financial wellness, see how our product compares to credit cards, loans, and more.

Discover the future of financial wellness by reading the full post here. Let us know what you think!

WHY FINANCIAL WELLNESS MATTERS

There is clear evidence that shows that financial wellbeing impacts an individual’s satisfaction and productivity. The question is, how do banks and employers benefit from an individual who has a good financial health?

?Employers:

When employees have access to financial solutions like Earned Wage Access, they can address unexpected expenses without the need for high-interest loans or advances. This alleviates their financial worries, allowing them to concentrate on their work, resulting in higher productivity and a more content workforce.

?Banks:

Individuals with good financial health are more likely to stay with their current bank. They are less inclined to switch to competitors in search of better financial products or services. Additionally, financially stable individuals tend to maintain consistent deposit levels, providing a stable source of funds for the bank.

Overall, the adoption of financial wellness solutions like Earned Wage Access not only improves the financial health of individuals but also yields numerous advantages for both employers and banks

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At Ryalize, we're all about redefining finance for good, making it accessible and inclusive for all. These recent milestones are just the beginning. Make sure you have subscribed to the Ryalize Roundup to stay up to date with all our announcements and updates.