Employee financial benefits provider Jify raises $10-M from Accel, Nexus

Jify.co, a Mumbai-based earned wage access and employee financial benefit startup, has raised USD 10 million in its Series A round from Accel India and Nexus Venture Partners. Jify partners with companies to enable employees to access their earned salary on-demand, in real-time and at zero cost. The new funds will be used to strengthen its fintech product offering, ramp up customer acquisition across sectors and cities, while also driving adoption among the workforce. In January this year, the startup had raised its seed round from Amica Financial Technologies, Accel, VCAPL, and Qed Innovation Labs.