Salary Finance Overview

  • Year Founded
  • 2015

Year Founded

  • Status
  • Private

  • Employees
  • 284

Employees

  • 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

Formerly Known As
Web Loans Limited
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • Scale Space, 58 Wood Lane
  • London W12 7RZ
  • England, United Kingdom
Primary Industry
Other Financial Services
Other Industries
Financial Software
Vertical(s)
Corporate Office
  • Scale Space, 58 Wood Lane
  • London W12 7RZ
  • England, United Kingdom

Salary Finance Timeline

2023202420252026
Financing RoundCaptured Employee CountEstimated Employee Growth

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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
To view Salary Finance’s complete valuation and funding history, request access »

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Salary Finance Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Operator of a financial services platform intended to improve employee financial well-being through workplace benefits.
Other Financial Services
London, United Kingdom
284 As of 2023

Scottsdale, AZ
 

New York, NY
 
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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
You’re viewing 5 of 27 competitors. Get the full list »

Salary Finance Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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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
You’re viewing 5 of 11 investors. Get the full list »

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
To view Salary Finance’s complete investments and acquisitions history, request access »

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.

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