Salary Finance rallies series C funding

Apr 18, 2019 • Jack Hammond

Legal & General co-led the $32.8m series C round, which will fund the financial wellbeing platform's growth in the UK and US.

UK-based personal finance management platform operator Salary Finance secured $32.8m on Tuesday in a series C round co-led by financial services firm Legal & General and venture builder Blenheim Chalcot.

Founded in 2015, Salary Finance has developed a finance wellness platform that helps employees manage their personal finances by offering loans and saving accounts that are topped up by taking payments directly from their salaries.

Dan Markin, formerly chief executive of online lending platform SoFi, has joined Salary Finance as…

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