Nayya, an innovative employee benefits platform, today announced a strategic investment from Workday Ventures.
The investment will enable Nayya to further its goal of simplifying the benefits selection process. By integrating advanced AI and data analytics, Nayya aims to equip employees with the necessary tools to make informed decisions about their benefits packages.
Barbry McGann, managing director and senior vice president at Workday Ventures, said, “Nayya is transforming the way employees engage with their benefits, and we’re excited to support them in their journey.
“Our investment in Nayya reflects our shared commitment to enhancing the employee experience through innovative, data-driven solutions. We believe that Nayya’s approach will complement and elevate the benefits landscape, aligning with our broader vision of empowering both employees and employers.”
Nayya’s platform stands out in the crowded benefits landscape by personalising the benefits experience for each employee. This approach is crucial at a time when optimizing benefits is more important than ever, given the complex nature of benefits selection and the need for greater employee engagement and satisfaction.
Sina Chehrazi, CEO of Nayya, said, “We’re at a pivotal moment in the benefits industry where personalization and holistic benefit guidance that spans health and wealth is the solution to a persistent lack of benefit engagement.
“Workday Ventures’ investment is a strong endorsement of our approach and our technology’s impact. We are excited to accelerate our growth and continue shaping the future of benefits.”
Founded in 2019, Nayya has a clear mission to assist employees in making smarter decisions about their benefits. Partnering with leading employers and benefits providers, Nayya ensures a seamless and intuitive benefits experience that drives engagement, satisfaction, and retention.
Keep up with all the latest FinTech news here
Copyright © 2024 FinTech Global
