The Venture Codex Logo

The Venture Codex

Neyber

Scale Space 58 Wood Ln Fl 1, London, Greater London, W12 7RZ, United Kingdom

Overview

Neyber provides a financial wellbeing platform that enables employers to offer employees access to salary-deducted loans and financial education insights. The company’s platform is used by clients including the UK Police Service, London City Airport, Anglian Water, NHS Trusts and FTSE-listed firms. Neyber was founded by former Goldman Sachs investment bankers Martin ljaha and Monica Kalia along with financial technology expert Ezechi Britton. The company is based in London, UK and focuses on expanding employer customers and workplace financial benefits. Neyber intends to use the newly raised funds to continue to expand operations and add new employers to its customer base. The articles do not disclose revenue or user metrics. Neyber provides a financial wellbeing platform for UK employees that offers salary-deducted loans and financial-education insights at no cost or risk to employers. The company also plans to introduce a savings proposition enabling employees to save directly from their salary. Neyber reports it has lent more than £50m to customers and that 700K members have access to the platform. The business serves clients including the UK Police Service, London City Airport, Anglian Water, NHS Trusts and FTSE-listed firms. The company has a team of approximately 60 and was co-founded by Martin Ljaha, Monica Kalia, and Ezechi Britton. Neyber intends to use new funding to expand operations and accelerate growth. Neyber offers a consumer finance and wellbeing platform that enables employers to offer access to affordable loans with repayments taken through salary-deduction technology integrated with employer payroll systems. The service is available to public sector employees across the Police Service, London City Airport, NHS Trusts and Local Authorities, and to private enterprises such as UK Power Networks and Anglian Water. The company’s total loan book exceeds £50m, indicating active lending volume. Neyber intends to use the new funding to expand its customer base. The business was founded by former Goldman Sachs investment bankers Martin ljaha and Monica Kalia along with financial technology expert Ezechi Britton. To date the company has raised £18m in total capital since inception. Neyber provides employers with a free employee lending platform that integrates with existing payroll structures and offers a dedicated customer call centre. The company underwrites salary-deducted loans ranging from £500 to £25,000. Neyber is authorized and regulated by the Financial Conduct Authority. It was co-founded by Martin Ijaha (CEO), Monica Kalia (Chief of Strategy and Business Development) and Ezechi Britton (CTO). The company is currently hiring and is using newly raised funds to expand operations. To date, Neyber has raised £8.5m in total.

Total raised
$197M
Funding rounds
5
Latest round
Equity
Latest activity
Sep 2017

Industries

  • Finance
  • Financial Services
  • FinTech
Visit website

Recent funding

  1. Equity

    Sep 2017

    $152M

  2. Series C

    Aug 2017

    $27M

  3. Series B

    Apr 2017

    $9M

  4. Equity

    Jan 2016

    $9M

Team

No current team members are available.