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wagely, Asia's leading financial wellness platform, and CekAja, Southeast Asia's fastest growing financial marketplace, today announced a new strategic partnership to accelerate worker financial wellness in Indonesia. For the first phase, the partnership aims to support workers in the manufacturing sector, one of Indonesia's largest employment sectors with around 18.7 million workers. The collaboration creates a significant value-add to CekAja's service portfolio by expanding into Earned Wage Access (EWA), offering their existing corporate partners an invaluable tool to reduce worker financial stress to benefit from higher retention, productivity, and satisfaction.

Today, it can be difficult to scroll through social media pages without seeing fitness-related posts. From friends sharing their fitness journeys and gym selfies to celebrities practicing yoga with a beautiful view, the wellness trend in Indonesia continues to thrive. According to the Global Wellness Institute, Indonesia’s wellness economy, including the fitness sector, is ranked #19 out of 218 countries worldwide and valued at $36.4B, making Indonesia the leader in the South East Asia region. This number is believed to have risen in the wake of the increasing healthy lifestyle awareness, with more businesses coming into the market. 

By integrating with SAP^® SuccessFactors^® Employee Central, the wagely platform delivers financial wellness to employees of employer partners

wagely, Asia’s leading financial wellness platform, today announced the appointment of human resources industry veteran Dr. Alex Denni as President Commissioner of PT Gaji Pintar Indonesia (wagely)

Raising a child is expensive. Children need many things to grow and develop well, including a safe home environment, medical care, good nutrition, and education. With that said, it is no shocker that raising a child can strain family finances.  According to LIPI, at the beginning of the pandemic, 64.8% of working households were experiencing financial difficulties. It can be even more challenging for working parents at a time like this when the annual inflation rate reached 4.35% in June, the highest in the past five years since 2017, as reported by BPS.