Islamabad, July 1, 2025: Neem, a rising name in Pakistan’s fintech space, has clinched a Rs. 100 million credit line from HBL, the country’s largest bank, to scale its Shariah-compliant earned wage access (EWA) platform, Neem Paymenow. This strategic alliance aims to provide on-demand salary access to salaried workers without traditional debt or hidden charges.
The credit facility marks a major milestone for Neem as it strengthens its mission to promote financial dignity among Pakistan’s workforce. With the fresh funding, Neem Paymenow will expand across key sectors including retail, healthcare, logistics, and manufacturing—allowing thousands of employees to withdraw part of their earned wages when needed.
Co-founder Naeem Zamindar emphasized the importance of the partnership, saying, “This is more than just early salary access—it’s about restoring control and financial stability to hardworking Pakistanis.”
Over 60 million workers in Pakistan are paid on monthly cycles, often struggling with rising expenses and emergencies before payday. Neem’s EWA model steps in as a timely solution—empowering users to access their earned income without resorting to loans or credit cards.
HBL’s Group Head Financial Institutions, Faisal N. Lalani, said, “We believe in fintech that supports responsible, inclusive finance. Neem’s solution is aligned with our vision of uplifting Pakistan’s salaried class with Shariah-compliant tools.”
The Neem Paymenow app also features tools that guide users on budgeting, saving, and financial planning—fostering long-term financial wellness. The platform’s integration with employers helps ensure ease of access, transparency, and scale.
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This collaboration places Neem at the forefront of Pakistan’s earned wage access revolution, offering a new model of financial relief that respects dignity, encourages stability, and fuels economic equity.
