Fintech startup NowPay raises USD 600k in seed funding

STARTUP WATCH- Egyptian fintech startup NowPay has raised USD 600k in seed funding from Silicon Valley’s Endure Capital and 500 Startups, Digital Boom reports. Launched early this year, the startup helps corporate employees in emerging markets access their salaries in advance at any point in the month and manage their finances through the app. Co-founder and CEO Mostafa Ashour says that NowPay is meant to employees better manage their budgets and avoid cash flow problems resulting from unexpected events.