Neyber

London, United Kingdom Founded: 2014 • Age: 12 yrs Minicorn Acquired By SalaryFinance
Salary-linked loans are offered to employees via an online platform.

About Neyber

Neyber is a Technology company based in London (United Kingdom) founded in 2014, and was acquired by SalaryFinance in March 2020. Salary-linked loans are offered to employees via an online platform. It operates in the Technology and Financial Services sectors. Neyber has raised $261 million across 8 funding rounds from investors including Goldman Sachs, SalaryFinance and Wadhawan Global Capital. The company has 98 employees. Neyber was last valued at $99 million in September 2017. Its focus areas include Enterprise Applications, HRTech, Employee Benefits and Financial Benefits. Its legal entity is SALARY FINANCE LIMITED. Its competitors include SalaryFinance, Doreming and FairQuid; 2 of its 3 listed competitors have raised funding.

Company details

Neyber was founded in 2014 in London, United Kingdom, as a fintech platform focused on salary-linked lending. Earned wage advances are provided to employees based on days worked, allowing access to funds before payday. Guidance and resources are also offered to explain loan features and processes. Operations center on facilitating these services within the UK employment sector.

  • Headquarters London, United Kingdom
  • Employees 98
  • Stage Acquired
  • Sectors
    Technology
    Financial Services
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website neyber.co.uk
  • Social LinkedIn X Facebook
  • Acquired by SalaryFinance (Mar 2020)
  • Legal Name Salary Finance Limited
  • Date of Incorporation 09 Jul, 2015
  • Jurisdiction LONDON, UNITED KINGDOM
Key Metrics
  • Annual Revenue
    $1.6 M (USD)
    as on Dec 31, 2016
  • Net Profit
    -$10.02 M (USD)
    as on Dec 31, 2016
  • Total Equity Funding
    $261M (USD)

    in 8 rounds

  • Latest Funding Round
    $39.9M (USD), Series C

    Jul 2018

  • Investors
  • Employee Count
    98
  • Acquired by
    SalaryFinance

    (Mar 2020)

Funding Insights of Neyber

Neyber has successfully raised a total of $261M across 8 strategic funding rounds. The most recent funding activity was a Series C round of $39.9 million completed in July 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $261M
  • Total Rounds 8
  • Last Round Series C β€” $39.9M
  • First Round $3.8M

    (Jun 2015)

  • Investors Count 5

All 8 funding rounds of Neyber with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jul 2018$39.9MSeries C––
–
Jul 2018$39.9MSeries C––
–
Sep 2017$131.82MSeries C–Goldman Sachs
–
Sep 2017$19.77MDebt – Conventional$99M–
Aug 2017$27.7MSeries C–Wadhawan Global Capital
–
Apr 2017$9.33MSeries B–Gael De Boissard, Henry Ritchotte
–
Jan 2016$8.55MSeries A$47.3M–
–
Jun 2015$3.8MSeed$‒‒‒‒‒–
–
Valuation history
DateValuationStage
Sep 2017$99Mβ€’β€’β€’β€’β€’β€’β€’β€’
Jan 2016$47.3Mβ€’β€’β€’β€’β€’β€’β€’β€’
Jun 2015$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Full valuation and stage history of Neyber

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Last known valuation $99M (Sep 2017). 6 investors in total: 4 institutional and 2 angel.

Investors in Neyber

Neyber has secured backing from 6 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Goldman Sachs, SalaryFinance and Wadhawan Global Capital.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Investment banking services are delivered across multiple financial sectors.
1869goldmansachs.comNew York, United States
Private investment firm offering equity and debt financing
1984wgcworld.comMumbai, India
Offers insurance, healthcare, mortgages, and savings services for police families.
1922policemutual.co.ukLichfield, United Kingdom

Henry Ritchotte

Angel investor, ex-Deutsche Bank COO, focused on fintech and tech startups.
unknown_6828c5e35f9e42088

Gael De Boissard

Angel investor and advisor, ex-Credit Suisse, focused on fintech and tech startups.
unknown_3a7a796c1d044c2eb
Employer loans are facilitated via an online platform for employees.
2015salaryfinance.comLondon, United Kingdom
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Investor details for Neyber

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People of Neyber

34 people are tracked at Neyber (13 in leadership, 2 in board & advisors, 19 in team); the tracked headcount is 98.

NameRoleGroup
Lefteris Vazaios
Head Of Data ScienceLeadership
Andreas Vrahimis
Chief Credit, Data & Analytics OfficerLeadership
Katie Salter
Head Of Product - Advance & SaveLeadership
Asesh Sarkar
Group CEO And Co-founder (uk)Leadership
Tom Todrick
Commercial DirectorLeadership
Jack Gardiner
UK Sales DirectorLeadership
Lottie Barnfield Assoc Cipd
Head Of PeopleLeadership
Tim Seeger
Chief Product OfficerLeadership
Valentine Goldenberg
Head Of MarketingLeadership
Hema Kanbi
Lead Executive Assistant To Global CEO & Workplace Experience ManagerLeadership
Sophie Duffen
Head Of Client AcquisitionLeadership
Rob Escott
Head Of Product, Head Of CollectionsLeadership
Richard Lipscombe
Head Of Product - Core PlatformLeadership
Mark Onyett
Board MemberBoard & advisors
Dan Cobley
Co-founder & ChairBoard & advisors
Gary Bender
Senior Underwriter And Fraud LeadTeam
Jack Baldock
Senior UnderwriterTeam
Maria Niculescu-Duvaz
Senior Data ScientistTeam
Paulina Christa
Commercial Strategy ManagerTeam
Alicia Conners
Communications ManagerTeam

14 more people are available in the full profile.

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Timeline of Neyber

5 dated milestones of Neyber across 6 years, from founding to its latest funding, stage changes and deals.

  1. Founded Neyber is founded.
  2. Funding First funding round of $3.8M.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Series C, of $39.9M.
  5. Exit Acquired by SalaryFinance.

Competitors of Neyber

Neyber has 3 listed competitors in our database, 2 of them funded. They include SalaryFinance, Doreming and FairQuid.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
salaryfinance.com2015London, United Kingdom$293.17M28
Employer loans are facilitated via an online platform for employees.
doreming.com2015London, United Kingdom$87,4061
Real-time payroll access is enabled for unbanked daily-wage workers.
fairquid.co.uk2014London, United Kingdom
Financial wellbeing platform offering education, savings goals, and community fund access for employees.
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Related news about Neyber

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Frequently Asked Questions about Neyber

Neyber was founded in 2014 and raised its 1st funding round 1 year after it was founded.

Neyber is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Neyber is a funded company, having raised a total of $261M across 8 funding rounds to date. The company's 1st funding round was a Seed of $3.8M, raised on Jun 2015.

Neyber has 98 employees.

Annual revenue of Neyber is $1.6M as on Dec 31, 2016.

Neyber was founded in 2014 in London, United Kingdom, as a fintech platform focused on salary-linked lending. Earned wage advances are provided to employees based on days worked, allowing access to funds before payday. Guidance and resources are also offered to explain loan features and processes. Operations center on facilitating these services within the UK employment sector.

Neyber's top competitors include SalaryFinance, Doreming and FairQuid.

Neyber has 6 investors. Key investors include Goldman Sachs, SalaryFinance, Wadhawan Global Capital, Henry Ritchotte, and Gael De Boissard.

The valuation of Neyber is $99M as of Sep 2017.

Neyber operates through Salary Finance Limited.

Yes. Neyber was acquired by SalaryFinance in March 2020.

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