FinTechFunding

Salaryo: Raises $5.8M in Funding

  • Salaryo, a NYC-based fintech platform for U.S. freelancers and startups, raised a total of $5.8m in funding
  • The company will use the funds to accelerate the growth of its small business lending activity and to launch new business banking products in 2021
  • Led by Yair Levy, CEO and co-founder, Salaryo provides fully-digital business term loans and lines of credit for small businesses
  • The company has provided financing to hundreds of entrepreneurs and freelancers since its foundation in 2017
  • Then the lending technology features a fully automated experience, featuring KYC (Know Your Client), financial and professional analysis
  • Headquartered in New York City with an R&D center in Tel Aviv, Salaryo graduated from the Barclays Techstars FinTech accelerator in 2017
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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