About SalaryPayLoan
SalaryPayLoan is a company based in Mumbai (India) founded in 2016. It operates as a D2C, and B2B. SalaryPayLoan offers products and services including Loan Application Platform, EMI Payment Loan, and Medical Emergency Loan. SalaryPayLoan operates in a competitive market with competitors including Clair, Plum, KarmaLife, Bharatsure and Healthysure, among others.
- Headquarter Mumbai, India
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Sectors
Financial Services
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Email
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Phone
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Website
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- Legal Name Wecas Facilitators Llp
- Date of Incorporation 05 Oct, 2017
- Jurisdiction Thane, Maharashtra, India
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Annual Revenue
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Net Profit
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Latest Funding Round
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Employee Count
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Products & Services of SalaryPayLoan
SalaryPayLoan offers a comprehensive portfolio of products and services, including Loan Application Platform, EMI Payment Loan, and Medical Emergency Loan. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Online service for quick short-term loan applications and disbursements.
Assists with timely EMI payments for existing loans.
Provides immediate cash for healthcare-related urgent needs.
Funding Insights of SalaryPayLoan
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by SalaryPayLoan
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - SalaryPayLoan
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Salarypayloan Comparisons
Competitors of SalaryPayLoan
SalaryPayLoan 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, Plum, KarmaLife, Bharatsure and Healthysure, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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Embedded Earned Wage Access solutions are provided for HR platforms.
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Employee health benefits and insurance solutions are provided by Plum.
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Subscription-based payday loans are provided to blue-collar workers digitally.
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Technology and infrastructure for insurance sales are provided.
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Employee health insurance benefits are delivered via an online platform.
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AI-based benefits marketplace for employer insurance is provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about SalaryPayLoan
When was SalaryPayLoan founded?
SalaryPayLoan was founded in 2016.
Where is SalaryPayLoan located?
SalaryPayLoan is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
What does SalaryPayLoan do?
SalaryPayLoan is a digital platform that partners with companies to deliver short-term loans to employees for needs like medical emergencies, school fees, and unexpected payments. It operates through an online application process with quick approvals and disbursements via IMPS. Based in Mumbai, India, it focuses on transparent access to finance, helping working individuals manage cash shortages without hassle. The service emphasizes ease and efficiency for borrowers.
Who are the top competitors of SalaryPayLoan?
SalaryPayLoan's top competitors include Plum, Clair and Bharatsure.
What products or services does SalaryPayLoan offer?
SalaryPayLoan offers Loan Application Platform, EMI Payment Loan, and Medical Emergency Loan.