What is Kaelo Money
Kaelo Money is a comprehensive money management solution that forms part of the Kaelo Lifestyle programme. It provides employees with access to an affordable Emergency Wallet, an Earned Wage Access platform as well as a discounted Marketplace. Kaelo Money is focused on financial wellness and psychosocial well-being through financial coaching and other financial wellness tools. It is a valuable employee benefit that is free to the employer provided they have AskNelson.
Providing
Access
Driving Financial
Wellness
Assisting
Employers
Earned Wage
Access
Emergency
Wallet
Marketplace
Rewards
Program
Savings
Platform
Financial Wellness
Platform
Pattern
Identifier
Smart
Vouchering
Healthier and Happier
Staff
Management of
Financial Stress
Why was Kaelo Money Introduced to AskNelson
Reasons to choose Kaelo Money
Tiering Structure
Kaelo Money is a comprehensive, user-friendly money management platform designed to help your employees take control of their financial future. With Kaelo Money, they will gain access to a suite of powerful tools and resources that support their journey towards financial success.
How employees can earn points:
- Financial Modules & Educational Library: They will be able to learn at their own pace with our vast library of financial education resources and practical modules that cover everything from budgeting to smart investing.
- Budgeting & Affordability Tools: They will be able to stay on top of their finances with our intuitive budgeting tools that help them track their income, expenses, and savings goals.
- Credit Status Improvement: By engaging with our platform and using the resources provided, employees can improve their credit status over time, setting the foundation for better financial opportunities.
How it works:
- As you make progress, you’ll be rewarded! Earn “Kaelo Money Rewards Rands” that can be redeemed in our marketplace for essential goods, helping your employees save even more. They will also earn discounts through the Earned Wage Access and Emergency Wallet platforms as their status improves.
Why did we introduce this benefit
- At Kaelo Money, we are driven by a simple yet powerful vision: to transform employees from being irresponsible borrowers into empowered, responsible savers. We’re not just here to help you manage your money—we’re here to help you thrive financially. This benefit just gives an extra nudge for employees to engage.
Distribution partners
HelloPeter 5/5 stars (275 reviews)
VumaMoola (pty) Ltd t/a Kaelo Money is registered in South Africa,
Company no: 2017/137437/07, a registered Credit Provider, NCRCP10398 and authorised Financial Services Provider, FSP53867.