Refyne launches financial coaching, salary top up for employees

Over 1 in 3 Indians lack basic understanding of financial products and many do not have access to banks or affordable credit. With limited access to financial products coupled with poor financial knowledge, most resort to loan sharks, exposing them to cycles of debt. To provide a comprehensive financial wellness suite of solutions for workforces under one platform, financial wellness and salary on-demand provider Refyne has launched financial coaching and salary top up for employees.

With financial coaching, Refyne users can get one-on-one access to SEBI-certified advisors or CFPs in their preferred language of communication. This can help them understand various aspects of managing finances by making the optimum use of available resources, the company said in a statement. Salary top up, on the other hand, will act as an additional line of liquidity, over and above salary on-demand, that users can unlock for more demanding financial needs. With salary top up, users can access upto 1.5 times their salary at zero interest payable over monthly installments.