Where is Borofree located?

Borofree is headquartered in London, United Kingdom. It is registered at THIRD FLOOR,126-134 BAKER STREET,LONDON,UNITED KINGDOM,W1U 6UE.

How many employees does Borofree have?

As of Dec 31, 2022, the latest employee count at Borofree is 12.

Is Borofree a funded company?

Borofree is a funded company, having raised a total of $***** in its 1st and only funding round.

Where does Borofree rank among its competitors?

Borofree ranks 13th amongst 10 active competitors, of which 6 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Clair, which secured $23.2M in May, 2025.

Who are the top competitors of Borofree?

Borofree's top competitors include Hastee, Clair and Onsi. Among them, Clair secured the most recent funding round in May, 2025.

Borofree - 2026 Company Profile, Team & Competitors

Company Details

Online platform offers salary advance and financial management solutions for employees and employers. Its salary advance solution that allows employees to access their salary every month with no interest. It offers financial guides to elevate the financial situation and tools for planning, budgeting, tracking finance, and more.

Website: borofree.com
Social
Email ID: *****@borofree.com
Phone Number: +44 **********
Registered Address: THIRD FLOOR,126-134 BAKER STREET,LONDON,UNITED KINGDOM,W1U 6UE

Key Metrics

Founded Year

2019

Location

London, United Kingdom

Stage

Deadpooled

Ranked

13^th among 16 competitors

Employee Count

12 as on Dec 31, 2022

Similar Companies

Payflow & 166 more

View Borofree's full profile

Borofree is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
KARMA TECHNOLOGIES INTERNATIONAL LIMITED CIN: 11630962 , United Kingdom, Active	Oct 17, 2018	-	12 (As on Jan 31, 2022)

Borofree has not raised any funding rounds yet.

The founders of Borofree is Minck Hermans.

Here are the details of Borofree's key team members:

Minck Hermans: Co-Founder of Borofree and founder of 1 other company. They serve on the board of 1 company.

View details of Borofree's Founder profiles and Board Members

Borofree's employee count trend

Borofree has 12 employees as of Dec 22. The total employee count is the same as what it was in Dec 21. Here is Borofree's employee count trend over the years:

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Top competitors of Borofree include Hastee, Clair and Onsi. Here is the list of Top 10 competitors of Borofree, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Hastee 2017, London (United Kingdom), Acquired	Online employee benefits platform for financial benefits	$22.9M	Umbra Capital Partners, Kaplan Group Investments ... & 31 others	72/100
2nd	Clair 2019, New York City (United States), Series B	Cloud-based employee benefits platform for on-demand pay	$67.7M	Thrive Capital, Upfront Ventures & 8 others	70/100
3rd	Onsi 2019, London (United Kingdom), Series B	On-demand pay and rewards management platform	$22.6M	Zurich, Prosus & 22 others	47/100
4th	Aslan 2022, London (United Kingdom), Seed	Digital lending platform offering on-demand pay	$7.92M	Notion, VR Ventures Management & 2 others	40/100
5th	Zuberi Pay 2020, London (United Kingdom), Funding Raised	Provider of employer-enabled consumer debt management solutions	-	Microtraction, Black Founders Fund & 1 others	31/100
6th	FastPAYE 2018, London (United Kingdom), Seed	Online wage app	-	-	30/100
7th	Paynest 2021, London (United Kingdom), Seed	Provider of expense management, accounts payable, and accounts receivable automation	$3.88M	Lince Capital, BlueCrow & 3 others	30/100
8th	Karma 2018, London (United Kingdom), Deadpooled	Online platform for earned wages loans	$18.3M	Fortunis Capital, B C	29/100
9th	Doreming 2015, London (United Kingdom), Seed	Real time payroll disbursement.	$87.4K	-	25/100
10th	Loonfy 2018, Gloucester (United Kingdom), Deadpooled	On-demand pay solutions provider for employees	-	Demium	23/100
13th	Borofree 2019, London (United Kingdom), Deadpooled	Online platform offers salary advance and financial management solutions for employees and employers	-	-	20/100