London based lending platform Neyber has received a £100m investment from Goldman Sachs. Neyber, founded in 2014 and launched in 2015, partners with employers to let their staff borrow money at attractive rates.
| less than a minute read
Neyber secures £100m
Repayments are then deducted from future salaries, lowering the risk for the lender and hopefully helping staff manage money better. Goldman's investment in the UK-based fintech startup is a mixture of debt and equity. It comes alongside an extra £15 million of lending capital for Neyber from existing investors, led by former Deutsche Bank COO Henry Ritchotte and Gael de Boissard, the former cohead of Credit Suisse's investment bank.
