8 years ago
SalaryFinance Secures £40m Funding to Expand Financial Wellbeing Hub
SalaryFinance, a London-based financial wellbeing employee benefits company, has raised £40 million in funding
The round was led by FTSE 100 financial services firm Legal & General, with founding investor Blenheim Chalcot also participating
The company will use the funds to launch its Financial Wellbeing Hub, a suite of financial education, products and services, and expand internationally.
ProblemFinancial Services
"Many employees struggle to manage their finances, leading to debt, stress, and financial anxiety."
Solution
"SalaryFinance offers a range of financial products and services, including financial education, budgeting tools, credit score checks, salary-deductible savings, and low-interest loans, to help employees improve their financial wellbeing."