Income Group, a fintech dedicated to improving engagement between employees and employers, has partnered with Griffin, a UK bank for fintechs. This partnership enables Income Group to broaden its service offering by embedding Griffin’s savings account into the IGsend platform.
Specialising in secure payments, providing access to growth capital and offering employees salary advances, Income Group allows employers to make payroll payments 24/7, 365 days a year, giving employees immediate access to their earned wages.
By embedding Griffin’s savings accounts into IGsend, Income Group is taking a big step towards fostering a culture of saving among its users
Employees can now set aside a percentage of their salary at the point of receipt, encouraging proactive financial management and wealth creation.
Jarvis, co-founder and CEO of Griffin, said: “This collaboration is a clear example of the real-world impact of embedded finance, particularly in driving financial inclusion. By leveraging our platform to integrate savings directly into the employee experience, Income Group is empowering people with the tools they need to start building a secure financial future.”
Ian Wheeler, CEO and co-founder of Income Group, added: “Our partnership with Griffin allows us to enhance our services, making it even easier for consumers to save and plan for their financial futures. This collaboration represents a major milestone in our commitment to providing innovative and comprehensive financial solutions to our customers.”
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