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South African earned wage access platform Paymenow has raised a ZAR250 million (US$14 million) debt facility through Rand Merchant Bank (RMB) to help fund its growth.
The fintech platform plans to expand after securing a R250 million debt facility from Rand Merchant Bank.
Paymenow, a market-leading Earned Wage Access (EWA) platform, has secured a $14 million debt facility through Rand Merchant Bank.
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