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Salary Finance raises $27m in Series D funding

UK based workplace lending company raised $27m in Series D funding led by Experian and Legal & General.

Asesh Sarkar, Salary Finance's co-founder and chief executive, said 2020 had been "a pivotal year" for the industry. "Inequality in society has grown, as has the financial ill-health of millions, including those in work. "Salary Finance uses employment data and a salary-link to offer better structured and better value products, that help employees become financially healthier and happier."

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lending, uk