Nigerian startup Salad has built an employee financial services offering that caters to the financial health of employees in Africa, to enhance their general wellbeing and productivity.
Founded in March 2022 by CEO Chikodi Ukaiwe and CTO Seunfunmi Omotunde, Salad launched its MVP into the market in July of the same year. The startup provides employees with the technology to access, save and manage money through a suite of financial products offered to them by their employer as a workplace benefit.
“We partner directly with employers for prequalification and to access unique employee data. By working with us, employers maintain their cash flow from no longer having to fund salary advances, boost their employees’ productivity and attract the best talent,” Ukaiwe told Disrupt Africa.
The name “Salad”, he said, is symbolic of a salad dish, which is characterised by different ingredients with healthy benefits.
“It also connotes the term “salary advance”, which refers to the range of…
