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Announced

Completed

Salary Finance completed the acquisition of Neyber

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Single Bidder

consumer finance

Completed

Private

United Kingdom

FinTech

Domestic

Acquisition

Friendly

Synopsis

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Salary Finance, a provider of software solutions, completed the acquisition of Neyber, which offers consumer finance, from Goldman Sachs, Police Mutual and Wadhawan Global. Financial terms were not disclosed. “The Salary Finance mission is to help millions of employees around the world become financially healthier and happier. The Neyber acquisition, and the additional scale that gives us, takes us several steps forward in achieving our mission. We are excited to get to know and work with our new colleagues and clients," Asesh Sarkar, Salary Finance Co-Founder and CEO.

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