back Back

Workpay partners with Kwara to offer streamlined HR & Payroll services to SACCOs in Kenya

By Edlyn Cardoza

December 08, 2021

  • Africa
  • Compliance
  • Core Banking
Share

Kwara, Workpay FinTech, Kenya, Africa, SACCOsDigital banking FinTech startup Kwara has partnered with Workpay to offer Savings and Credit Co-operative Societies (SACCOs) in Kenya with human resource management and payroll processing solutions. The partnership will enable SACCOs to automate their Human Resource (HR) processes as a complimentary service to Kwara’s products i.e Core Banking, Online and Mobile Banking and Open API service.
Through the partnership SACCOs will be able to carry out seamless payroll processing into SACCO accounts and enjoy access to a HR module for efficient management of their staff. This will conveniently allow them to manage their HR functionalities such as time and attendance, leave management, payroll processing, compliance and performance management for their employees.Cynthia Wandia, Co-founder and CEO, Kwara, says: “We are constantly seeking to offer SACCOs a complete package to run their operations. Our partnership with Workpay is in line with our ambition to build the infrastructure that connects SACCOs and their members to existing infrastructure. We are excited for this next step in getting SACCOs a fully integrated, digital operating system.Paul Kimani, Co-founder and CEO, Workpay, says, “Our goal is to aid African SMEs in their growth by providing them with tools that bring efficiency in their people operations. Saccos are important financial institutions to millions of people in Africa and what Kwara is doing with them resonates with our mission at Workpay.”This partnership is a strategic initiative to drive digitization of SACCOs through leveraging on both Kwara’s and Workpay’s proven strengths in the digital banking and HR space.

Kwara is on a mission to bring modern financial services to 1 billion people, powered by credit unions. They offer SaaS software to credit unions to upgrade their back-office operations, then offer existing credit union members a neobank consumer app. Today Kwara serves over 66,000 members and handles up to $40 million in monthly transactions on their platform.

Previous Article

December 08, 2021

Elavon selects Liberis to offer financing solutions for SMEs

Read More
Next Article

December 08, 2021

5Paisa collaborates with Neobank Dinero

Read More






IBSi Daily News Analysis

May 28, 2024

Africa

Latin America becomes a hotbed for FinTech unicorns and tech innovation

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

Today

airpay & Wix to enable digital payments for Business owners in India

Read More

Today

CirclePe raises close to $1m in Pre-Seed Round from OTP Ventures

Read More

May 28, 2024

FinTech CBiGroup secures $15m Series A funding to boost R&D

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q1 2024
Global Digital Banking Vendor & Landscape Report Q1 2024
Know More
Wealth Management & Private Banking Systems Report Q1 2024
Wealth Management & Private Banking Systems Report Q1 2024
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023