CEO Asesh Sarkar introduces you to Salary Finance
Salary Finance is one of the UK’s fastest growing free employee benefits.
Who we are
Salary Finance has grown from an idea in 2015 to a breakthrough FinTech platform and movement today. We support a community of 4M employees across 575 clients (inc 20% of the FTSE 100) in the UK and US, and provide a suite of financial employee benefits, to help employees improve their financial health and happiness. Our platform provides salary-linked savings, loans, pay advances, insurance and financial education. We are a company with 200 brilliant and passionate colleagues in 3 countries and to have the backing of great investors (Blenheim Chalcot, Legal & General, Experian, Goldman Sachs, Royal London) with £100M in equity and £500M in debt funding raised to-date.
Our social mission is deeply intertwined with our expertise in financial technology. All of the benefits we offer—simple savings, early access to earned pay, affordable loans, and insurance—are fully accessible via our custom-built digital platform. This allows us to deliver the simplest, quickest, and most secure customer journeys possible.
We have received 70+ recognitions for our products and societal contributions. Among them, we are particularly proud to have been recognised as ‘Responsible Business of the Year’ by The Prince’s Responsible Business Network (BITC), in addition to being awarded ‘Best Financial Wellbeing Provider’, ‘Ethical Financial Services Provider of the Year’ and ‘Consumer Champion of the Year’ in 2020 alone.
- Find out more at Salary Finance’s website
- Connect with Salary Finance on LinkedIn
- Connect with Asesh on LinkedIn
Our industry recognitions
BEST FINANCIAL WELLBEING PROVIDER OF THE YEAR | The Corporate Adviser – 2020 Winner
ETHICAL FINANCIAL SERVICES PROVIDER OF THE YEAR | MoneyAge Awards – 2020 Winner
LOAN PROVIDER OF THE YEAR | MoneyAge Awards – 2017, 2018 and 2019 Winner
EMPLOYEE BENEFITS INNOVATION OF THE YEAR | WSB Awards – 2019 & 2018 Winner
WORKPLACE SAVINGS & BENEFITS INITIATIVE OF THE YEAR | WSB Awards – 2019 Winner
RESPONSIBLE BUSINESS OF THE YEAR | The Prince’s Responsible Business Network – 2018 Winner
For a complete list of our awards, click here
Latest from Twitter
Some Business Stats
Providing employee financial wellbeing solutions to over 1 million employees across the UK and the US.
Impact Stories
For Employers
One in three employees say their work is negatively impacted by money worries. To address this, SalaryFinance provides employers with a cost-and-risk-free employee benefit, which helps their staff to access valuable and ethical financial well-being products, delivered via salary deduction.
For Employees
SalaryFinance help employees take control of their money by:
- Accessing affordable loans at interest rates from 3.9% APR. Our customers save over £500 in interest costs on average.
- Boosting short-term savings creating a secure safety net by saving direct from their salary.
- Understanding their money better: Our educational services and tools can help customers understand their money better, and how to prepare for their future.
Nutshell
The leading global employee financial wellbeing platform
Sector
FinTech
Milestones
-
2015:
May
Business founded
October
Launched flagship loans product
-
2017:
April
Launched financial education portal
September
Secured Series A funding from L&G & BC (£15M)
Named ‘Wellbeing Initiative of the Year’ -
2018:
February
Launched market-first employee savings product
May
Secured Series B funding (£15M)
June
Launched operations in the US
July
Named ‘Responsible Business of the Year’ by BITC
-
2019:
January
Launched salary advance product
April
Secured Series C funding (£38.5M)
May
Launched Help to Save Product with UK Government
September
Named ‘Benefits Innovation of the Year’ for 2nd year in a row
November
Named ‘Loan Provider of the Year’ for 3rd year in a row
-
2020:
November
Reached 4 million employees in UK and US
December
Launched insurance product with L&G
Secured Series D funding (£20M)
Named ‘Best Financial Wellbeing Provider of the Year’
Jobs at Salary Finance
Careers with Blenheim Chalcot
Explore our open roles and career programmes