For many people in Africa, waiting until payday to meet urgent financial needs is a huge challenge. That’s where MyWagePay comes in – a fintech startup that’s helping employees access their wages whenever they need them.

It all started with a simple idea: a group of women lending money to each other, pooling resources with a little interest, and helping each other out. From there, the founders realized a bigger need: people don’t just need money – they need it when they need it, not just at the end of the month. This insight turned into MyWagePay’s flagship product: salary advances. This innovation allows people to access their wages before payday, providing financial flexibility and peace of mind.

Fast forward to today, MyWagePay is making a significant impact, with nearly a million in turnover and a clear mission to employ and empower as many young people as possible. But they didn’t stop there. The turning point was surely the authorization from the Central Bank of Africa and launched their own mobile money platform. They have proven their capability of generating money with a strong link to innovation: using AI to make better and more informed decisions. 

The synergy of skilled employees, their capability of generating money, and Kenya’s tech-driven culture has allowed MyWagePay to thrive and scale quickly. 

Startup Africa Roadtrip Bootcamp played a huge role in helping MyWagePay refine its approach. With the help and mentoring carried out by our volunteers Davide and Pietro, Beth, the founder of MyWagePay, had the opportunity to fine-tune her pitch becoming more and more catchy to investors and partners who are more and more interested in a product that impacts people.   

As they continue to scale, MyWagePay is positioning itself to help millions of people across Africa – and beyond – access the financial freedom they deserve.

The long-term vision is to create an impact by teaching financial literacy and helping people avoid the risks of informal lending, which can often be dangerous.