Salary Finance Overview
- Year Founded
-
2015
- Status
-
Private
- Employees
-
284
- Latest Deal Type
-
M&A
- (Announced)
- Investors
-
11
Salary Finance General Information
Description
Operator of a financial services platform intended to improve employee financial well-being through workplace benefits. The company partners with employers to provide responsible financial products, including loans, salary advances, savings accounts, and financial education, directly through payroll systems, enabling workers to access credit, manage cash flow, build savings, and take control of their finances.
Contact Information
Website
www.salaryfinance.comCorporate Office
- Scale Space, 58 Wood Lane
- London W12 7RZ
- England, United Kingdom
Corporate Office
- Scale Space, 58 Wood Lane
- London W12 7RZ
- England, United Kingdom
Salary Finance Timeline
Salary Finance Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 11. Merger/Acquisition | 07-Sep-2026 | Announced | Generating Revenue | |||
| 10. Debt - General | 21-Jan-2026 | Completed | Generating Revenue | |||
| 9. Debt - General | 26-Jan-2023 | Completed | Generating Revenue | |||
| 8. Debt - General | 18-Mar-2021 | Completed | Generating Revenue | |||
| 7. Later Stage VC (Series D) | 16-Dec-2020 | Completed | Generating Revenue | |||
| 6. Later Stage VC (Series C) | 16-Apr-2019 | Completed | Generating Revenue | |||
| 5. Accelerator/Incubator | 27-Mar-2019 | Completed | Generating Revenue | |||
| 4. Early Stage VC (Series B) | 28-Aug-2018 | Completed | Generating Revenue | |||
| 3. Early Stage VC | 04-Oct-2017 | $53.4M | $69.3M | Completed | Generating Revenue | |
| 2. Mezzanine | 15-Sep-2017 | $9.8M | $15.9M | Completed | Generating Revenue |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Salary Finance Comparisons
Industry
Financing
Details
Salary Finance Competitors (27)
One of Salary Finance’s 27 competitors is FlexWage, a Formerly VC-backed company based in Scottsdale, AZ.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| FlexWage | Formerly VC-backed | Scottsdale, AZ | ||||
| DailyPay | Venture Capital-Backed | New York, NY | ||||
| FinFit (Business/Productivity Software) | Private Equity-Backed | Virginia Beach, VA | ||||
| Stream | Venture Capital-Backed | London, United Kingdom | ||||
| LendPro | Formerly VC-backed | Charlottesville, VA |
Salary Finance Signals
Salary Finance Investors (11)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Experian Ventures | Corporate Venture Capital | Minority | ||
| Global Reach Investments | Venture Capital | Minority | ||
| Hive Learning | VC-Backed Company | Minority | ||
| Police Mutual | Corporation | Minority | ||
| The Goldman Sachs Group | Investment Bank | Minority |
Salary Finance Investments & Acquisitions (2)
Salary Finance’s most recent deal was a Merger/Acquisition with Neyber. The deal was made on 09-Mar-2020.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Neyber | 09-Mar-2020 | Merger/Acquisition | Media and Information Services (B2B) | ||
| Personal Lending Business (CYBG and Salary Finance) | 12-Feb-2019 | Joint Venture | Other Financial Services |
Salary Finance FAQs
-
When was Salary Finance founded?
Salary Finance was founded in 2015.
-
Where is Salary Finance headquartered?
Salary Finance is headquartered in London, United Kingdom.
-
What is the size of Salary Finance?
Salary Finance has 284 total employees.
-
What industry is Salary Finance in?
Salary Finance’s primary industry is Other Financial Services.
-
Is Salary Finance a private or public company?
Salary Finance is a Private company.
-
What is Salary Finance’s current revenue?
The current revenue for Salary Finance is .
-
How much funding has Salary Finance raised over time?
Salary Finance has raised $1.28B.
-
Who are Salary Finance’s investors?
Experian Ventures, Global Reach Investments, Hive Learning, Police Mutual, and The Goldman Sachs Group are 5 of 11 investors who have invested in Salary Finance.
-
Who are Salary Finance’s competitors?
FlexWage, DailyPay, FinFit (Business/Productivity Software), Stream, and LendPro are some of the 27 competitors of Salary Finance.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read more -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process