FlexxPay

The company's core offering is a Shari'a-compliant platform that allows employees of corporate clients to access a portion of their already earned income—including salaries and commissions—at any time before their official payday. FlexxPay's business model is straightforward: it charges the employee a small, fixed transaction fee for each withdrawal, with no interest charges. The service is provided at no cost to the employer, and FlexxPay handles the advances, ensuring there is no impact on the company's cash flow. The platform is designed for seamless integration, requiring no complex setup with clients' existing systems. At the end of the pay cycle, the employer settles the advanced amounts and fees with FlexxPay, and the employee receives their remaining salary.

Beyond earned wage access, the platform includes additional financial wellness tools. These features allow employees to set up savings plans, where funds are automatically deducted from their paychecks, and provide a dashboard with visual charts to track savings goals. Through a partnership with Abu Dhabi Commercial Bank (ADCB), FlexxPay also enables companies to offer digital bank accounts to their unbanked employees directly through the app. This extends financial inclusion while streamlining payroll for employers. The company serves a diverse client base across industries such as telecom, retail, logistics, and real estate. Having expanded from the UAE to Saudi Arabia, FlexxPay has plans for further growth across the MENA region. The company has secured a total of $4.5 million in funding over several rounds from investors including Target Global, Wamda, and the DIFC FinTech Fund.