myNGOVO

A holistic financial wellness platform that provides employer-sponsored salary advance benefits cost-free through a standalone ready-for-use mobile app.

  • Stage Product In Market
  • Industry Fintech
  • Location Nairobi, Kenya
  • Currency KES
  • Founded November 2019
  • Employees 5
  • Incorporation Type LLC
  • Website myngovo.co.ke

Company Summary

1 in 4 workers in Kenya use more than half their salaries to service loans according to a 2019 FinAccess Household survey.Through myNGOVO mobile app employees are able to access part of their salaries in advance with no interest charges aligning employee expenses to their income. We charge an origination fee on every advance payment request made through the platform that is instantly deposited in their mobile money accounts.

Team

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