RIZQ, a financial wellness app catering to salaried professionals and freelancers, has announced a collaboration with EZ Wage, a regional financial wellness platform. This partnership aims to make loans more accessible and convenient for working individuals. EZ Wage and RIZQ have signed a Memorandum of Understanding (MOU) to extend financial support to salaried professionals in managing unexpected expenses and cash-flow gaps.
The collaboration between RIZQ and EZ Wage will allow Salaried Professionals and Freelancers to access easy loans and build scorable credit history digitally. CEO RIZQ and Rozee.pk, S. H. Kazi, explained that RIZQ aims to address the low penetration of financial products and services for the 20 million employed professionals by providing innovative embedded solutions. With this partnership, RIZQ users will be able to borrow seamlessly and responsibly.
Fatima Batool, CEO and Founder of EZ Wage, expressed excitement about partnering with RIZQ. She believes that EZ Wage’s platform will empower RIZQ’s users to manage their finances more efficiently, providing them with an instant cash advance when they need it the most. The collaboration between these two platforms represents a significant milestone in efforts to extend financial support to salaried professionals and make loans more accessible and convenient for them.