About SalaryFits
SalaryFits is a company based in Nova Lima (Brazil) founded in 2015 by Renato Araujo was acquired by Serasa in September 2024. SalaryFits has raised $6.4 million across 2 funding rounds from investors including Confrapar Investimentos, Portugal 2020 and Serasa. SalaryFits offers products and services including Salary Advance Card, Discount Club, and Benefits Portal. SalaryFits operates in a competitive market with competitors including Clair, Creditoo, Piwi, Aman and SBSCOM, among others.
- Headquarter Nova Lima, Brazil
- Founders Renato Araujo
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Sectors
Financial ServicesTechnology Healthcare
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Email
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Phone
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Website
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Social
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- Legal Name Jonicsun Uk Limited
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$6.4 M (USD)
in 2 rounds
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Latest Funding Round
$5 M (USD), Series A
Dec 12, 2019
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Investors
Confrapar Investimentos
& 2 more
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Employee Count
Not available
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Acquired by
Serasa
(Sep 17, 2024)
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Products & Services of SalaryFits
SalaryFits offers a comprehensive portfolio of products and services, including Salary Advance Card, Discount Club, and Benefits Portal.
Enables employees to advance salary for unexpected expenses without fees.
Offers discounts at over 25,000 establishments across Brazil.
Provides access to therapy, education, and health services for employees.
Funding Insights of SalaryFits
SalaryFits has successfully raised a total of $6.4M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $5 million completed in December 2019. 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.
Investors in SalaryFits
SalaryFits has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Confrapar Investimentos, Portugal 2020 and Serasa.
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Confrapar Investimentos is focused on technology-driven companies in Latin America.
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Funds are managed by Portugal 2020 for national development.
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Investor details for SalaryFits
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by SalaryFits
Investment portfolio details for SalaryFits
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Financial Statements - SalaryFits
Detailed financials for SalaryFits
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Salaryfits Comparisons
Peer comparison for SalaryFits
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Competitors of SalaryFits
SalaryFits operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Clair, Creditoo, Piwi, Aman and SBSCOM, among others.
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Embedded Earned Wage Access solutions are provided for HR platforms.
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Payroll loans are provided via an online marketplace for employees.
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Health benefits marketplace platform is provided for small businesses.
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Employee benefits are revolutionized through tailored health solutions in Indonesia.
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Online platform for employee benefits
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Detailed competitors of SalaryFits
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Latest news on Salaryfits
Complete news archive for SalaryFits
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Frequently Asked Questions about SalaryFits
SalaryFits was founded in 2015 and raised its 1st funding round 1 year after it was founded.
SalaryFits is headquartered in Nova Lima, Brazil. It is registered at Nova Lima, Minas Gerais, Brazil.
Delber Lage is the current CEO of SalaryFits.
SalaryFits is a funded company, having raised a total of $6.4M across 2 funding rounds to date.
Founded in 2015 and based in Nova Lima, Brazil, SalaryFits operates in the fintech sector. A platform is provided that enables financial institutions to integrate with clients payroll systems, allowing loan installments to be deducted directly from salaries. Access to financial products is thereby granted to users, while institutions gain improved assessments for customized offerings. Operations focus on streamlining loan processes through employer partnerships.
SalaryFits offers Salary Advance Card, Discount Club, and Benefits Portal.
SalaryFits has 3 investors. Key investors include Confrapar Investimentos, Portugal 2020, and Serasa.