Full-Time
Financial wellness services for employees
No salary listed
Junior, Mid
Hammersmith, London, UK
Hybrid working offered.
Upload your resume to see how it matches 8 keywords from the job description.
PDF, DOC, DOCX, up to 4 MB
Salary Finance improves employees' financial well-being by partnering with employers to provide financial education, tools, and products. Their services include salary-linked loans, savings programs, and financial calculators to help employees manage their money effectively. Unlike competitors, Salary Finance integrates these services into employee benefits packages, benefiting both employees and employers by reducing financial stress and increasing productivity. The company's goal is to enhance financial wellness for employees while supporting a more stable workforce for employers.
Company Size
201-500
Company Stage
N/A
Total Funding
$288.7M
Headquarters
London, United Kingdom
Founded
2015
Help us improve and share your feedback! Did you find this helpful?
Paylink, a leader in the financial technology sector, is proud to announce its groundbreaking product, ‘ReFi™’ – a unique, safe and secure automated debt consolidation solution which, since its inception has saved Salary Finance customers over £10 million in interest payments.ReFi™, piloted by leading financial wellness platform, Salary Finance, is the first True Debt Consolidation product that addresses affordability challenges in the lending industry by seamlessly automating the settling of legacy debt with a customer’s new loan.Embedded in either a lender or intermediaries’ journey, the digital experience validates the card, loan and overdraft products a customer currently holds, confirms settlement balances, pays legacy creditors directly and, if instructed to do so, evidences when accounts are closed.By using ReFi™, lenders can accept customers who have passed creditworthiness, income sufficiency and stability checks, who would otherwise have been declined for falling short on affordability calculations. By gaining certainty that a new loan will be used to pay off legacy debts, lenders can be assured that the customer’s new budget is affordable for them. As well as heightening the probability of positive outcomes, lenders can offer customers price incentives, reducing the likelihood of fraudulent activity, and build brand advocacy from new customers who they help to realise the opportunities access to affordable credit brings.For the customer, ReFi™ enables customers to access products which empower them to pursue their financial objectives. Unlike the traditional route to loans, ReFi™ surfaces offers that the customer would otherwise not see due to their extant debts. By securing a True Debt Consolidation loan through ReFi™, customers are able to save money in interest, consolidate multiple bills into a single monthly repayment on a date which best suits them, and relieve financial pressure on their household by receiving the money into their account within a matter of days.In coining the term ReFi™, Paylink’s goal is to destigmatise debt and instead encourage customers to embrace their true expenses by actively exploring opportunities to secure a budget that works for them, by refinancing. The aim is to replicate positive consumer trends, messaging, and mindsets from the US where budgeting and product switching are more engrained in consumer psyche.CEO of Paylink Solutions, Jake Ranson said: “Access to credit matters greatly
Ridhima Durham joins Coincover from Salary Finance, where she spent four years as Chief Commercial Officer.
FinFit has merged with Salary Finance US to create “the most comprehensive workplace financial wellness platform in the US”.
US-based financial wellness services provider FinFit has merged with US-based financial wellness platform Salary Finance to support the financial needs of working Americans with an enhanced workplace financial wellness platform, the company said.
2023 is now well and truly underway. As January closes and we move into February, we’re taking a look back at what happened this month across Europe’s startup ecosystem. . One of the hottest topics of the month has been, sadly, about who’s firing and making big layoffs. It seems few tech companies have been immune, with giants of the industry making massive job cuts right around the world. It’s a phenomenon that has left some wondering if this is the beginning of the end for the tech boom. European unicorns have also been struggling, with many moving to consolidate, and become more streamlined in order to preserve resources