Menaitech, a global HRMS firm, has signed a Memorandum of Understanding (MoU) with Ryalize, a leading FinTech company, to integrate Earned Wage Access (EWA) solutions into its HRMS platform.
Through this partnership, more than two million workers based in the Middle East and Africa will adopt this tool, enabling hassle-free financial management without the need for an approval process. The integration aims to enhance the employee experience as well as, support organizations in improving recruitment, retention, and overall productivity.
Announcing this collaboration, Khalid Alshakrani, Managing Director of Ryalize, said, "We are pleased to extend the benefits of our powerful EWA solution across the region with Menaitech’s extensive reach and client base. This partnership will impact the lives of over 2 million employees. Together with Menaitech, we aspire to provide innovative technology solutions to bring better opportunities and growth to the region.”
Dr. Bashar Hawamdeh, Founder and CEO of Menaitech, added, “Integrating Ryalize's EWA solution into our HRMS platform adds significant value for our clients. We believe that a financially secure workforce is a productive workforce, and this partnership further strengthens our commitment to offering comprehensive solutions that cater to the holistic well-being of employees.”
The HRMS organization has over 20 years of experience in fostering human capital management and HR technology in the MENA region, and this partnership further bolsters its culture of empowering individuals and promoting financial inclusivity."