Cadana is a salary on-demand company that has partnered with flutterwave, Africa’s leading payments technology company to expand into Nigeria.
Cadana provides the services that allow small and large enterprises the ability to provide their employees with access to earned wages. Cadana also enables firms to digitize payroll, manage all people-related operations from onboarding through offboarding, and simplify compliance for People Managers. Following this partnership, Flutterwave processes payments for employers and employees on Cadana.
Unexpected bills might cause employees in Africa to become distressed from their daily tasks. Alternatives include short-term loans with interest rates as high as 300 percent and inadequate loan repayment schemes. Over 400 million African employees would benefit from a technology that allows them to obtain their earned earnings in real-time, pending employer permission. Cadana users may give their employees digital access to their earned money whenever they choose, rather than waiting until the end of the month.
Cadana assists African Human Resource Managers with digitizing payroll, statutory compliance, onboarding, offboarding, reports, time-tracking, and other processes. Cadana’s time-tracking technology instantly syncs with payroll from logging through payday, making disbursement easy for people management and small organizations.
“Banking, startups, telecoms, education, non-governmental institutions, and indeed all enterprises in Nigeria have a significant employee base that our modern salary on-demand payroll administration software can serve”, Albert Owusu-Asare, CEO and Co-founder of Cadana said.
“Our work in Ghana assisted us to take feedback from employees and businesses to improve our work process. People Managers and business owners longed for a solution that will reduce the month-on-month money troubles, make their employees more comfortable, and empower them to achieve more with their wages. Presently, we partner with Tendo, KEK group: one Ghana’s largest insurance brokers, and Float. We are excited to have been able to easily launch into any other African country with the help of Flutterwave”.
Ameer Shujjah, CTO and Co-founder of Cadana said, “Partnering with Flutterwave was easy and offers us more flexibility than imagined. We are happy to be in Nigeria and as we further in our growth journey, we hope to continue counting on Flutterwave’s help to empower Africans. Cadana is a world of solutions created to improve productivity for workers in Africa. We handle the employee’s money issues, giving them more time and to be able to achieve more with their time and growing businesses in Africa. We have plans to build helpful personal money management solutions along with our human resources management platform to make it easier for African workers to build more wealth easily from their wages”.
The Founder and CEO of Flutterwave added, “We are thrilled to enable startups like Cadana to expand fast across Africa. Cadana’s work of providing real-time salary access to employees in Africa is admirable and we are glad that they are accomplishing their aims using Flutterwave. Our work with startups is part of our vision to grow businesses. We are proud to support their growth and expansion into Nigeria. We are happy to see their progress as they support workers in Nigeria.
Cadana, Salary on-demand Startup Teams with Flutterwave to Expand into Nigeria
