Naspers Foundry, a South African technology investment vehicle, announced on Tuesday February 22 that it will invest 15 million rand (about 1 million USD) in Floatpays, a local company that helps employees access part of their remuneration to cover unforeseen expenses. These resources should allow the start-up to help many companies manage their payroll system. The initiative is part of Naspers Foundry’s commitment to invest up to 1.4 billion rand (93 million USD) in technology companies in the country. “Access to wage on demand is growing rapidly in the sector
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