"This investment round propels Salaryo's evolution from a niche player into a fintech banking partner for small businesses, at a time that small business owners need us the most," said Yair Levy, CEO and co-founder of Salaryo. "This year we have expanded our offering with business term loans, providing cash flow flexibility and relief during COVID-19. Our next big step in the materialization of our vision to be the Bank of the Future of Work is planned for next year, when we launch a suite of digital banking products that are designed for cash flow volatility and income uncertainty."

https://www.wfmz.com/news/pr_newswire/pr_newswire_business/salaryo-raises-5-8-million-to-provide-covid-19-financing-relief-for-smes/article_33a66eab-ca84-55de-8730-e8c8017858c8.html