Announced Wed, 15 Jul · 16:18 IST
Emerald Finance partners with All Heart Web for salary advance product
Business Updates View source PDF
Price
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Price reaction · full curve 14 horizons · vs prior close
+0.5%1-day move
₹57.12
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AI summary
Emerald Finance Limited has partnered with All Heart Web Pvt. Ltd., Delhi, to offer an Early-Wage-Access program. The program allows employees to access part of their salary before payday, with the loan amount collected through salary deduction. The company sees this as a step toward expanding its offerings to retail customers, building on its earlier work on a salary advance solution tied to employers.
Likely market impact
Strategic move to expand into retail salary advance lending. No material financial details disclosed.