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Apptivate Africa, a leader in innovative workplace solutions, has entered into a strategic partnership with Dime Credit, a distinguished financial services provider. This partnership aims to introduce a revolutionary employee benefit program, empowering workers with convenient access to salary advances on behalf of their employers.
Following the escalating cost of living, and according to recent surveys, over 68% of employees report experiencing financial stress, impacting their overall well-being and productivity, hence there is a rising demand for employer-supported financial solutions, with over 80% of employees expressing interest in salary advance programs.
The collaboration between Apptivate Africa and Dime Credit signifies a strategic alliance aimed at addressing the financial well-being of employees. This program will provide employees with a seamless process to access salary advances, helping bridge financial gaps and promote stability.
“We are delighted to join forces with Dime Credit to launch this transformative employee benefit program. These statistics underline the critical need for accessible financial solutions, and through this collaboration, we aim to make a meaningful impact on the lives of employees,” said Neil Ribeiro, CEO, Apptivate Africa.
Apptivate Africa is committed to redefining the employee experience by offering cutting-edge workplace solutions. With a focus on enhancing financial well-being, Apptivate Africa consistently seeks impactful partnerships to bring valuable benefits to the workforce.
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“Dime Credit is excited to partner with Apptivate Africa to address the growing demand for employee-focused financial solutions. These statistics underscore the urgency of providing accessible salary advances, contributing to a financially empowered workforce,” added Fernandes- Director, Dime.
Dime Credit is a trusted financial institution known for its dedication to providing accessible and flexible financial solutions. Aligned with Apptivate Africa’s vision for a financially resilient workforce, Dime Credit brings expertise and reliability to the partnership.
Key Features and Statistics of the Program:
Convenience: Over 90% of surveyed employees expressed a preference for convenient and digital solutions for accessing financial benefits. The program offers a user-friendly platform integrated into the Apptivate Africa ecosystem.
Swift Processing: The streamlined application process ensures quick approval and disbursement of funds, with 85% of advances processed within 24 hours.
Transparent Terms: Transparency is a cornerstone of the program, with 95% of surveyed employees expressing the importance of clear terms and conditions for financial benefits.