Salaryo

Salaryo is a fintech startup that helps small businesses grow and reach financial stability, by offering flexible and affordable financing and digital banking products.

Salaryo provides flexible financing plans to small businesses for a small and affordable monthly fee.

Salaryo was founded in 2018 by Yair Levy, Omri Avisar and Tomer Pearl. The company is headquartered in New York, New York and Tel Aviv, Israel.

 

Salaryo provides fully-digital business term loans and lines of credit for small businesses. Salaryo's lending technology features a fully automated experience, featuring KYC (Know Your Client), financial and professional analysis, payment processing and e-signatures, to make a decision in minutes. Once approved, Salaryo sends funds to the business within 24 hours.

 

Salaryo has financed hundreds of entrepreneurs, freelancers and small business owners in the United States. Since early March 2020, Salaryo has processed over $60 million in loan applications using its platform, offering relief to hundreds of U.S small business owners.

 

Salaryo is backed by Variant Investments, KEN Investments, Techstars Ventures, Michael Ullmann's investment group and others. The company raised $5.8M in a new round on Sep 08, 2020. This brings Salaryo's total funding to $12.6M to date.

 

 

  • Year founded: 2017
  • Funding Info: $12.6M over 3 Rounds (Latest Funding Type: Venture- Series Unknown)
  • Yearly Revenue: NA
  • Employee Size: 11-50
  • Business Valuation: NA
  • City/Town: New York
  • State: New York
  • Country: United States
Related businesses