Founders: Asesh Sarkar, Dan Cobley, Daniel Shakhani
Keywords: Employee finance, social purpose, financial wellbeing
Who is it for: Employers
Total funding: $111.8M
Latest funding: $32.8M, Series C April 2019 - Legal & General, Blenheim Chalcot
HQ: UK, London / US, Boston
“Helping one million UK employees pay off debt faster.”
Social impact was a key wish on the selection panel’s list this year and fitting that bill is the financial wellbeing of employees - now becoming a priority for employers.
Founded with a desire “to do good”, Salary Finance helps employees to manage debt, build a savings habit and access earned pay - rather than resorting to payday lenders. Salary Finance reaches over one million employees across various industry sectors. Customers include BT, EON, Virgin Active, Capgemini, Carlsberg, Dixons Carphone, L&G and NHS Trusts, councils and schools.