Fintech startup Advance partners with Sitel Philippines to provide financial benefits beyond the paycheck
New on-demand salary platform Advance has entered into a partnership with Sitel® Philippines, one of the largest providers of customer experience products and solutions in the country, to promote employee financial well-being through its services.
With this partnership, over 43,000 employees of Sitel Philippines can easily access a portion of their salary anytime with a flexible credit line through a mobile app in just a few seconds.
Advance users simply need to download the Advance mobile app, create an account and complete the verification process. After successful registration, users will receive lines of credit and immediately see what they are eligible to borrow. They will then select the amount and payment terms, review selected items and digitally sign the legal contracts to complete the request. Once completed, the borrowed amount is credited almost immediately to the selected account.
“Accessibility and ease of use are among our main considerations in designing our platform,” says Advance CEO and co-founder Jaime de los Angeles. “We want to ensure our service is always reliable – 24/7 – so we can give Advance users an added sense of security knowing they have an immediate financial option when they need help.”
For Sitel Philippines, one of the top employers in the country, providing overall employee wellness is a corporate commitment – from health, education and training, diversity and inclusion, and now financial wellness.
“Financial wellness is part of our holistic approach to the total wellness we want for our employees,” says Pam Donato, Sitel Group® VP of HR – Philippines and China. “Our partnership with Advance not only provides short-term relief to our employees in times of need, but also help for them to achieve even greater and long-term financial goals.”
In addition to credit limits and salary advances, users of Advance can also look forward to several services, including insurance and savings functions. Advance is also developing a deeper financial suite, such as working capital lines for businesses, and educational and cash management tools to help promote financial literacy and progression among the Filipino workforce.
To find out how Advance can help your business and to know more about their services, visit www.advance.ph.
