+ Bonus
Office located in White City, London
Financial wellbeing employee benefits platform
Job no longer available
Financial wellbeing employee benefits platform
201-500 employees
Job no longer available
+ Bonus
Office located in White City, London
201-500 employees
Salary Finance is on a mission to dramatically reduce the cost of borrowing for working people by collecting repayments via salary deduction.
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Salary Finance is on a mission to dramatically reduce the cost of borrowing for working people by collecting repayments via salary deduction.
Few candidates hear
back within 2 weeks
41% female employees
36% employee growth in 12 months
Whether a function of genuine care or increased efficiencies, companies are increasingly looking to secure the financial wellness of their employees. Salary Finance delivers a suite of products for this purpose, all integrated into employers’ payroll systems.
Offering a range of financial wellbeing products, Salary Finance is unique for its unusually low default rate, which arises from the security of deducting repayments directly from a borrower’s salary, and the extra information it gains about its customers by tapping into their HR systems. Originating in the UK, the company expanded to the US to bring low-cost loans to working Americans. Its US arm has since merged with FinFit to form the "pre-eminent financial wellness platform" in the US.
Though Salary Finance faces significant competition from other startups like Neyber and Wagestream, that are also attempting to fix the "payday problem", few have been able to effectively provide as impressive a range of options as this startup. There is every reason to assume the company will build on its past success, and forge a path into a favourable future.
Freddie
Company Specialist
Dec 2020
$27m
SERIES D
Apr 2019
$32.8m
SERIES C
Founders
Asesh Sarkar
(Co-Founder & CEO)President and Co-Founder of FinFit. Has worked in senior roles at Detica, PA Consulting Group, and Deloitte.
Dan Cobley
(Co-Founder & Chairman)Has worked in senior roles at Google, Capital One, and Santander. Previously founded ClearScore.
Daniel Shakhani
(Co-Founder)Executive Chairman of the Harvard Human Flourishing Florens Global Program. Has experience working for Goldman Sachs, RBS, and Opportunity Network.
Joined as a Client Operations Analyst. Promoted to Customer Operations Manager after 2 years. Then moved to be an Enterprise Risk Manager after 1.5 years. Now has been promoted twice in two years to become Head of Compliance.
Joined as an Intern. Promoted to Operation Analyst after 2 months. Has since been promoted three more times to the current role of Client Operations Manager.
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