Paymenow integrates PayCurve to connect wages debt and savings in one platform

Fintech merger brings earned wage access and debt intervention into a single platform aimed at addressing workforce financial stress.

Paymenow’s Deon Nobrega and PayCurve’s Tamir Sacks

South African fintech companies Paymenow and PayCurve have combined operations, bringing together two complementary financial services into a single platform that will continue under the Paymenow brand.

Founded in 2019 and based in Stellenbosch, Paymenow provides employees with access to wages they have already earned before payday, along with tools such as savings accounts, vouchers for essential goods and financial education. The company currently serves more than 750,000 users across South Africa, Namibia, Zambia and Pakistan.

PayCurve, launched in Johannesburg in 2020, focuses on identifying employees experiencing financial pressure through data analysis. Its offering includes affordability assessments, structured debt recovery programmes, financial coaching and automated savings tools.

The integration connects these two approaches into a single system designed to support employees across different stages of financial management, from short-term cash flow needs to longer-term debt recovery and savings.

“PayCurve has built a capability no one else in the market has, identifying financially vulnerable employees early and helping them recover,” said Deon Nobrega, CEO and co-founder of Paymenow. “By bringing that into Paymenow, we can now guide an employee from their first wage advance all the way to becoming debt free and building savings.”

For employers, the combined platform is positioned to address different forms of financial pressure within the workforce, including short-term liquidity gaps and longer-term debt challenges, which can affect attendance, productivity and retention.

The companies said existing customers will continue to use the platform without disruption during the integration process. Financial details of the transaction were not disclosed.

“Earned wage access is powerful, but it works best when combined with savings, education and debt recovery support. The missing piece in the market has been proactive debt intervention,” said PayCurve co-founder and CEO Tamir Sacks.

The combined company will employ close to 100 people and plans to expand its presence in a market that includes banks, payroll providers and other fintech platforms offering employee financial services.