SalaryFinance owns and operates an online platform through which it provides an employee benefit program for employers to enable their employees to take loans and repay from salary deductions. The platform collects repayments from payroll based on the repayment plan agreed with employees.

Type
Private
HQ
London, GB
Founded
2015
Size (employees)
55 (est)+15%
SalaryFinance was founded in 2015 and is headquartered in London, GB
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Key People/Management at SalaryFinance

Dan Cobley

Dan Cobley

Co-Founder and Chairman
Asesh Sarkar

Asesh Sarkar

Co-Founder and Chief Executive
Daniel Shakhani

Daniel Shakhani

Co-Founder

SalaryFinance Office Locations

SalaryFinance has an office in London
London, GB (HQ)
1 Hammersmith Broadway
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SalaryFinance Financials and Metrics

Summary Metrics

Founding Date

2015

Total Funding

$59.1 m

Latest funding size

$53.05 m

Time since last funding

8 months ago

Investors

SalaryFinance's latest funding round in October 2017 was reported to be $53 m. In total, SalaryFinance has raised $59.1 m
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SalaryFinance Financials

Cash (31-Dec-2016)

1.2 m
GBPFY, 2016

Cash

1.2 m

Accounts Receivable

411.6 k

Current Assets

1.6 m

Total Assets

1.6 m
Y, 2016

Financial Leverage

-0.6 x
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SalaryFinance News and Updates

UK fintech company SalaryFinance raises £40 million in funding

Fintech startup SalaryFinance has raised £40 million. The round, which is awaiting approval from the UK’s Financial Conduct Authority, was led by insurance firm Legal & General with participation from Blenheim Chalcot. The UK-based SalaryFinance helps employees manage their finances, debt, and s…
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