Emerald Finance Partners with Ace Financials for Early-Wage-Access Program
Emerald Finance has entered into a strategic partnership with Ace Financials to provide an Early-Wage-Access (EWA) program for employees in Zirakpur, Punjab. This initiative allows staff to access salary advances that are later recovered via payroll deductions, supporting the company's retail expansion.
Emerald Finance Q1 FY27 Net Profit Jumps 52.72 Percent to 4.88 Crore as EWA Adoption Scales
Emerald Finance Ltd reported a robust start to FY27 with consolidated net profit rising over 52 percent year-on-year. The company is strategically pivoting towards Early Wage Access and MSME lending as primary growth drivers while managing regulatory shifts in the gold loan segment.
Emerald Finance Secures ₹10 Crore Term Loan from ICICI Bank to Fuel Expansion
Emerald Finance Ltd has raised a ₹10 crore term loan from ICICI Bank Limited to accelerate its business expansion and onward lending activities. The capital will primarily support the scaling of the company's Earned Wage Access (EWA) program, targeting employees of major corporate entities.