K-Electric (KE), Pakistan’s only vertically integrated power utility, has partnered with fintech platform Neem Paymenow to provide Shariah-compliant earned wage access to its employees. Serving over 3.8 million customers across Karachi, KE relies on a skilled workforce responsible for repairing faults, maintaining complex systems, and addressing urgent energy issues to keep the city running smoothly.
Through this collaboration, KE employees can now access a portion of their earned salary before payday. This service is designed to help employees manage daily expenses or unexpected financial needs without resorting to high-cost loans. A key factor in choosing Neem Paymenow was its seamless integration with KE’s payroll system at no cost to the employer, ensuring ease of use, data accuracy, and minimal administrative burden.
Muhammad Rizwan Dalia, Chief People Officer at K-Electric, highlighted the significance of the initiative, stating, “We are delighted to enable earned wage access through our collaboration with Neem. This partnership is more than just a benefit. It gives true financial flexibility and empowers our people.”
To ensure smooth adoption, Neem Paymenow will lead a comprehensive awareness campaign in collaboration with KE management. The campaign will guide employees step by step—from app registration to accessing their earned wages—in their preferred language. The aim is to make every user feel supported and confident in using the service from day one.
Niran Rehman, GM and Founding Partner at Neem Paymenow, added, “Our partnership with K-Electric bridges a critical gap, giving the very people who power Karachi the financial flexibility they rightfully deserve. These are not just employees; they are the lifeline of our city’s energy system.”
This partnership aligns with KE’s broader mission to modernize infrastructure while enhancing the financial resilience of its workforce. With Neem Paymenow, employees gain access to a secure, reliable, and user-friendly solution that delivers tangible benefits in their daily lives.
Neem Paymenow is a leading financial wellness platform in Pakistan, allowing salaried employees to instantly access a portion of their earned wages with no interest, hidden fees, or paperwork. Backed by the SECP and major organizations, the platform integrates seamlessly with employer payroll systems without workflow interruptions or costs to employers.
K-Electric, incorporated in 1913 and privatized in 2005, remains the sole vertically integrated power utility in Pakistan, supplying electricity to Karachi and adjoining areas. KE is majority-owned by KES Power, a consortium of international investors, with the Government of Pakistan also holding a significant stake. The partnership with Neem Paymenow represents a major step in supporting employee financial well-being while maintaining operational excellence.
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