New York based fintech platform for U.S. freelancers and startups raised $5.8m in new funding from investors including Variant Investments, KEN Investments, Techstars Ventures and Michael Ullmann’s investment group.
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Salaryo raises $5.8m in new funding
"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."
