UK based employee benefits and financial wellness startup SalaryFinance has raised a £40m venture financing led by Legal & General.
Enabled by this funding, SalaryFinance has launched its Financial Wellbeing Hub, the most comprehensive suite of financial education, products and services available in the market. The Financial Wellbeing Hub enables SalaryFinance customers to make a positive change to their financial circumstances in two key ways. First, by helping employees better understand their financial situation through unbiased online financial education content, budgeting tools and credit score checks. Second, by enabling people to take action to improve their finances through salary deductible savings and low interest loans. SalaryFinance make this platform available to employers at no cost or liability.