When was SalaryFinance founded?

SalaryFinance was founded in 2015 and raised its 1st funding round within a year of its incorporation.

Where is SalaryFinance located?

SalaryFinance is headquartered in London, United Kingdom. It is registered at Scale Space, 58 Wood Lane, London, United Kingdom, W12 7RZ.

Who is the current CEO of SalaryFinance?

Asesh Sarkar and Daniel Macklin s of SalaryFinance.

How many employees does SalaryFinance have?

As of Sep 30, 2026, the latest employee count at SalaryFinance is 160.

Is SalaryFinance a funded company?

SalaryFinance is a funded company, having raised a total of $293M across 7 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Feb 20, 2015.

When was the latest funding round of SalaryFinance?

SalaryFinance's latest funding was a $***** Series D round on Mar 18, 2021, with participation from 1 investor. Its primary sector is Digital Lending. In United Kingdom, the Digital Lending sector has seen $1.04B in funding in 2026 to date.

Where does SalaryFinance rank among its competitors?

SalaryFinance ranks 1st amongst 7 active competitors, of which 3 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Symmetrical, which secured $18.5M in Apr, 2022.

Who are the top competitors of SalaryFinance?

SalaryFinance's top competitors include Neyber, Symmetrical and Karma. Among them, Symmetrical secured the most recent funding round in April, 2022.

SalaryFinance - 2026 Company Profile, Team, Funding, Competitors & Financials

SalaryFinance is a series D company based in London (United Kingdom), founded in 2015 by Daniel Owen Cobley, Daniel Shakhani, Asesh Sarkar and Manoj Kumar Badale. It operates as a Provider of salary linked loans advances and employee savings accounts. SalaryFinance has raised $293M in funding from investors like Blenheim Chalcot, Legal & General and Experian. The company has 7 active competitors, including 3 funded and 2 that have exited. Its top competitors include companies like Neyber, Symmetrical and Karma.

Company Details

Provider of salary linked loans advances and employee savings accounts. These financial products allow individuals to borrow funds, access earned wages before scheduled pay dates, and deposit money into savings accounts directly through payroll deductions. The services facilitate debt consolidation and provide access to government schemes designed to encourage personal saving habits. All financial transactions are processed through employer payroll systems to manage repayments and contributions.

Website: www.salaryfinance.com/uk/
Social
Email ID: *****@salaryfinance.com
Registered Address: Scale Space, 58 Wood Lane, London, United Kingdom, W12 7RZ

Key Metrics

Founded Year

2015

Location

London, United Kingdom

Stage

Series D

Total Funding

$293M in 7 rounds

Latest Funding Round

Series D, Mar 18, 2021, $*****

Investors

Blenheim Chalcot & 6 more

Ranked

1^st among 7 active competitors

Employee Count

160 as on Sep 30, 2026

Investment & Acquisitions

Neyber

Similar Companies

Kashable & 99 more

View SalaryFinance's full profile

SalaryFinance is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
SALARY FINANCE INC CIN: 37-1881861 , United States, Active	Jan 17, 2018	-	45 (As on Dec 31, 2022)	-
SALARY FINANCE LOANS LIMITED CIN: 7643748 , Germany, Active	May 22, 2011	-	3 (As on Dec 31, 2020)
SALARY FINANCE LIMITED CIN: 9677777 , Germany, Active	Jul 08, 2015	-	159 (As on Dec 31, 2020)

SalaryFinance has raised a total funding of $293M over 7 rounds. Its first funding round was on Feb 20, 2015. Its latest funding round was a Series D round on Mar 18, 2021 for $*****. 1 investor participated in its latest round. SalaryFinance has 6 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of SalaryFinance:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 18, 2021	6362608	Series D	8204316	1473858	2331699	1580171
Dec 17, 2020	9767110	Series D	2552686	3170849	2070442	5650845
Apr 16, 2019	3107680	Series C	2933049	4891314	Legal & General & 1 more	3064553

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View details of SalaryFinance's funding rounds and investors

The founders of SalaryFinance are Daniel Owen Cobley, Daniel Shakhani, Asesh Sarkar and Manoj Kumar Badale.

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

Daniel Owen Cobley: Co-Founder of SalaryFinance and founder of 3 other companies, EnglishScore, Koodoo and Businessfinancecomp. They are also an angel investor in 7 startups and serve on the boards of 2 companies.
Contact Info: 1 email address
Daniel Shakhani: Co-Founder of SalaryFinance and founder of 2 other companies, pirkx and pirkx. They are also an angel investor in 1 startup and serve on the board of 1 company.
Asesh Sarkar: Co-Founder & CEO of SalaryFinance. They serve on the board of 1 company.
Contact Info: 1 email address
Manoj Kumar Badale: Co-Founder of SalaryFinance.
Daniel Macklin: CEO of SalaryFinance.

SalaryFinance's Board of Directors

SalaryFinance's board has 7 active members. Daniel Owen Cobley, Daniel Shakhani and Asesh Sarkar are part of team and Christopher Roger David Hollingdale, Jyoti Chada Cushion, Bernard Leigh Hickman and Wilhelmus Johannes Pieterse are independent board members.

Here is the list of SalaryFinance's board of directors:

Name	Type	Representing	Status	Duration
Daniel Owen Cobley	Team	-	Current	11y 3m
Daniel Shakhani	Team	-	Current	11y 3m
Asesh Sarkar	Team	-	Current	8y 10m
Christopher Roger David Hollingdale	Independent board member	-	Current	1y 9m
unrwcyi	Independent board member	-	Current	3y 9m
rdw{awi	Independent board member	-	Current	5y 6m
fkjwuzw	Independent board member	-	Current	2y 7m
xwwcmdx	Independent board member	-	Past	1y 4m

View details of SalaryFinance's Founder profiles and Board Members

SalaryFinance's employee count trend

SalaryFinance has 160 employees as of Sep 26. Here is SalaryFinance's employee count trend over the years:

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Top competitors of SalaryFinance include Neyber, Symmetrical and Karma. Here is the list of Top 10 competitors of SalaryFinance, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	SalaryFinance 2015, London (United Kingdom), Series D	Provider of salary linked loans advances and employee savings accounts	$293M	Goldman Sachs, Experian & 5 others	59/100
2nd	Neyber 2014, London (United Kingdom), Acquired	Salary-linked loans offering platform for employees	$181M	Goldman Sachs, Police Mutual & 98 others	50/100
3rd	Symmetrical 2018, London (United Kingdom), Series A	Online platform for employers to provide financial benefits	$26.3M	Global Founders Capital, Target Global & 14 others	42/100
4th	Karma 2018, London (United Kingdom), Deadpooled	Online platform for earned wages loans	$18.3M	Fortunis Capital, B C	29/100
5th	FlexEarn 2018, London (United Kingdom), Funding Raised	Online platform for payday loans	-	-	28/100
6th	Doreming 2015, London (United Kingdom), Seed	Real time payroll disbursement.	$87.4K	-	25/100
7th	FairQuid 2014, London (United Kingdom), Unfunded	Employee benefit loan provider.	-	-	25/100
8th	Paze 2015, London (United Kingdom), Acquired	Online marketplace offering consumer payday loans through employers	-	-	23/100
9th	Catapillr 2018, London (United Kingdom), Deadpooled	Online platform for payroll loans	-	Bethnal Green Ventures	18/100
10th	Balance 2020, United Kingdom, Deadpooled	Online platform for payday loans	-	-	15/100