Jify provides employees with on-demand, real-time access to their earned salary at zero cost and offers money-management tools and tips to improve financial security. The startup partners with companies to embed “Earned Salary Access” and help employees avoid high-interest emergency credit or payday loans. Jify plans to use new capital to strengthen its product, build teams nationally, and expand into more cities and sectors within the Indian market. The company emphasizes breaking the 30-day pay cycle to help employees better manage cash flow and savings. Jify cites on its website that over 70% of the Indian workforce live paycheck-to-paycheck and that less than 12% of millennials save, framing the market need for its product. The articles report the company has recently completed a funding round to support these growth plans.

Total raised

$10M

Funding rounds

1

Latest round

Equity

Latest activity

Aug 2022