SalaryFinance

London, United Kingdom Founded: 2015 • Age: 11 yrs
Employer loans are facilitated via an online platform for employees.

About SalaryFinance

SalaryFinance is a Technology company based in London (United Kingdom) founded in 2015 by Daniel Owen Cobley and Daniel Shakhani. Employer loans are facilitated via an online platform for employees. It operates in the Technology and Financial Services sectors. SalaryFinance has raised $293.17 million across 7 funding rounds from investors including Experian, Legal & General and Community Investment Management. SalaryFinance has completed 1 acquisition, including Neyber. Its website salaryfinance.com draws about 366 thousand monthly visits. SalaryFinance offers products and services including Borrow, Advance, Save, and Help to Save. Its focus areas include FinTech, Alternative Lending, Online Lenders and Consumer Loans. Its legal entity is SALARY FINANCE LIMITED. Its competitors include Neyber, Doreming and FairQuid; 2 of its 3 listed competitors have raised funding.

Company details

Salary Finance was established in 2015 in London, United Kingdom, within the financial technology sector. An online platform is operated to enable employer-sponsored lending. Access is provided for employees to log in and submit applications for various financing requirements. Loan conditions are established through the platform, with repayments arranged via direct payroll deductions to ensure streamlined processing.

  • Headquarters London, United Kingdom
  • Founders Daniel Owen Cobley, Daniel Shakhani
  • Sectors
    Technology
    Financial Services
  • Website category Finance · Financial Planning and Management
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website salaryfinance.com/uk
  • Social LinkedIn X YouTube
  • Legal Name Salary Finance Limited
  • Date of Incorporation 09 Jul, 2015
  • Jurisdiction LONDON, UNITED KINGDOM
Key Metrics
  • Total Equity Funding
    $293.17M (USD)

    in 7 rounds

  • Latest Funding Round
    $150M (USD), Series D

    Mar 2021

  • Investors
    Experian

    & 3 more

  • Investments & Acquisitions

Products & Services of SalaryFinance

SalaryFinance offers a comprehensive portfolio of products and services, including Borrow, Advance, Save, and Help to Save.

Borrow
Loans

Provides affordable loans with salary-linked repayments for debt management.

Advance
Pay Advances

Allows access to earned pay early for unexpected expenses.

Save
Savings

Facilitates automated salary-linked savings for future planning.

Help to Save
Government Schemes

Offers rewarded savings program with tax-free bonuses.

Apps and channels of SalaryFinance

its YouTube channel Salary Finance has 502 subscribers and 30 videos.

Salary Finance
YouTube 502 subscribers 30 videos Autos & Vehicles
Open channel

Videos from SalaryFinance

The most watched videos on SalaryFinance's YouTube channel, Salary Finance (502 subscribers). Click a video to play it here.

Salary Finance Borrow - Explainer Video
1.3K views
Salary Finance Livestream – Understanding Your Money Personality
1.1K views
Salary Finance Livestream – Don't Let Free Money Slip Through Your Fingers
1.1K views
Salary Finance Advance - Explainer Video
931 views

More on Salary Finance.

Funding Insights of SalaryFinance

SalaryFinance has successfully raised a total of $293.17M across 7 strategic funding rounds. The most recent funding activity was a Series D round of $150 million completed in March 2021. 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 $293.17M
  • Total Rounds 7
  • Last Round Series D β€” $150M
  • First Round $4.28M

    (Feb 2015)

  • Investors Count 4

All 7 funding rounds of SalaryFinance with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2021$150MSeries D–Community Investment Management
–
Dec 2020$27MSeries D–Experian, Legal & General
–
Apr 2019$32.8MSeries C–Legal & General, Blenheim Chalcot
–
Aug 2018$20MSeries B–Legal & General, Blenheim Chalcot
–
Oct 2017$53MSeries B–Legal & General
Nov 2015$6.1MSeries A–Blenheim Chalcot
–
Feb 2015$4.28MSeries A–Blenheim Chalcot
–
Valuation history

4 investors in total: 4 institutional.

Investors in SalaryFinance

SalaryFinance has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Experian, Legal & General and Community Investment Management.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Diversified investment management services are offered to clients.
2012cim-llc.comSan Francisco, United States
Digital venture accelerator firm
blenheimchalcot.comLondon, United Kingdom
Experian is recognized as a leader in credit reporting and financial services.
1980experian.comIreland
Life, home, pet, and general insurance services are offered online.
1836legalandgeneral.comLondon, United Kingdom
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Investor details for SalaryFinance

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

People of SalaryFinance

36 people are tracked at SalaryFinance (15 in leadership, 2 in board & advisors, 19 in team).

NameRoleGroup
Daniel Owen Cobley
Co-FounderLeadership
Daniel Shakhani
Co-FounderLeadership
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

16 more people are available in the full profile.

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Complete people profiles for SalaryFinance

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

Investments & Acquisitions by SalaryFinance

SalaryFinance has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Neyber.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Salary-linked loans are offered to employees via an online platform.
neyber.co.ukLondon, United Kingdom2014Mar 2020β€’β€’β€’β€’
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Complete acquisition details for SalaryFinance

Acquired stakes, deal sources and the complete acquisition history require an active premium plan.

  • Acquired stakes
  • Deal sources
  • Complete history
  • Exports

Verified entity values are shown only after access is granted.

Timeline of SalaryFinance

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

  1. Founded SalaryFinance is founded.
  2. Funding First funding round of $4.3M.
  3. Acquisition Acquires Neyber.
  4. Funding Latest funding round, Series D, of $150.0M.

Competitors of SalaryFinance

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

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
neyber.co.uk2014London, United Kingdom$181.2M98
Salary-linked loans are offered to employees via an online platform.
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.
Premium access

Detailed competitors of SalaryFinance

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Web traffic of SalaryFinance

The website of SalaryFinance (salaryfinance.com) receives about 365.6K visits a month and ranks #108,367 among all websites worldwide, #6,818 in Financial Planning and Management.

  • Monthly visits
    365.6K

    ▼ 3.9% vs previous month

  • Unique visitors
    76.4K

    per month

  • Global rank
    #108,367

    among all websites

  • Category rank
    #6,818

    Finance · Financial Planning and Management

Similar websites

Websites whose visitors overlap most with SalaryFinance. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
maps.org.uk
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100%
#1,252,290–
karmalife.ai
60%
19.7K#1,540,278View details
mymudra.com
60%
93.3K#418,302View details
fatakpay.com
60%
414.3K#57,310View details
step.com
60%
250.8K#166,271View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 17 similar websites and full traffic analytics for SalaryFinance

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  • 17 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

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Related news about Salaryfinance

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Complete news archive for SalaryFinance

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

Frequently Asked Questions about SalaryFinance

SalaryFinance was founded in 2015.

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

SalaryFinance is a funded company, having raised a total of $293.17M across 7 funding rounds to date. The company's 1st funding round was a Series A of $4.28M, raised on Feb 2015.

Salary Finance was established in 2015 in London, United Kingdom, within the financial technology sector. An online platform is operated to enable employer-sponsored lending. Access is provided for employees to log in and submit applications for various financing requirements. Loan conditions are established through the platform, with repayments arranged via direct payroll deductions to ensure streamlined processing.

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

SalaryFinance offers Borrow, Advance, Save, and Help to Save.

SalaryFinance has made 1 acquisition, including Neyber.

SalaryFinance has 4 investors. Key investors include Experian, Legal & General, Community Investment Management, and Blenheim Chalcot.

SalaryFinance operates through Salary Finance Limited.

The website of SalaryFinance receives about 366 thousand visits a month and ranks #108,367 among all websites worldwide.

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