Neyber, a London, UK-based fintech company, closed a £21m Series C funding.
The round, which brought total funding to £34.5m, was led by Wadhawan Global Capital with participation from existing investors.
The company inrends to use the funds to continue to expand operations and accelerate growth.
Co-founded by Martin ljaha, Monica Kalia, and Ezechi Britton, Neyber provides a financial wellbeing platform for UK employees to support their workforce’s financial wellbeing with access to salary-deducted loans and financial education insights, at no cost or risk. The company is also working to introduce a savings proposition where employees can also save directly from their salary.
To date, Neyber has lent £50m+ out to customers with 700K members having access to the platform.
The company has a team of approx. 60.
Clients include the UK Police Service, London City Airport, Anglian Water, NHS Trusts and FTSE listed firms.