Cadana, a salary-on-demand company, has partnered with Flutterwave to expand into Nigeria

Cadana, a salary-on-demand firm, has expanded into Nigeria as a result of a strategic agreement with Flutterwave, Africa's largest payments technology company. Cadana assists businesses in delighting their employees by delivering modern payroll platforms that allow employees to receive their earned compensation on-demand, from any location, at any time. Flutterwave processes payments for companies and employees on Cadana as a result of this relationship.

Unexpected bills might cause employees in Africa to become distressed, causing them to become distracted 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 is a salary-on-demand service that allows small and large enterprises 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. Earned wage access is a Cadana feature that allows workers to access their earned pay digitally on demand rather than having to wait until the end of the month to be paid in cash. Cadana began operations in Ghana in 2021 and has since received funding from 500 Startups and Better Tomorrow Ventures. The startup is based in Nigeria and Ghana, and it manages payroll for companies such as Float, Tendo, and KEK Group.

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, governmental and 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, stated. "Our work in Ghana enabled us to incorporate feedback from businesses and employees into our solution and improve it." People managers and business owners needed a solution that would make their employees feel more at ease, help them save money month after month, and allow them to do more with their pay. We presently work with companies such as Float, Tendo, and the KEK Group, one of Ghana's leading insurance brokers. We're pleased that, with Flutterwave's assistance, we may quickly expand into any other African country."

"Banking, startups, telecoms, education, governmental and 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, stated. "Our work in Ghana enabled us to incorporate feedback from businesses and employees into our solution and improve it." People managers and business owners needed a solution that would make their employees feel more at ease, help them save money month after month, and allow them to do more with their pay. We presently work with companies such as Float, Tendo, and the KEK Group, one of Ghana's leading insurance brokers. We're pleased that, with Flutterwave's assistance, we may quickly expand into any other African country."