How to Raise $138m as a FinTech with Purpose: Meet Asesh Sarkar, CEO of Salary Finance

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Currently in the midst of a Series D fundraise, led by Experian and Legal & General, Salary Finance has already raised $138m to date, with backers including Blenheim Chalcot, Goldman Sachs and Royal London. Come for an inspirational fireside with Asesh Sarkar, Global CEO of Salary Finance. 

In this fireside chat, we’ll explore how Asesh got to where he is today, the journey he took to get there, plus the challenges and lessons he’s learnt as he continues to build a fast growing FinTech with a social conscience at its heart.

Asesh launched Salary Finance when he saw the impact that a lack of access to affordable financial services had on his children’s nanny, who he supported by providing a loan that she repaid from her salary. He went on to co-found and globally scale a company which enables workers at more than a fifth of companies in the FTSE-100 to receive wage advances and a range of other financial products.

Salary Finance’s offering is especially important at a time when the pandemic has blighted the finances and mental health of many families. Here in the UK, its clients also include a quarter of NHS Trusts and police forces and eight of the UK’s ten largest supermarket chains and non-food retailers. Across the UK and the US, its platform is used by 500 employers and available to four million people.

Based in the newly-opened Scale Space in the White City innovation district and backed by the likes of Blenheim Chalcot, Goldman Sachs, Royal London and Virgin Money, Salary Finance has over 200 employees and is currently undertaking a Series D fundraising, led by Experian and Legal & General.

The business has won over 70 awards, including MoneyAge’s Consumer Champion of the Year, Prince Charles’ BITC Responsible Business of the Year, and the Global Impact Award from the Mayor of London for its US growth.

Asesh is also Chair of Trustees at leading youth money charity MyBnk as Chair of Trustees, which runs expert-led financial education programmes for 5-25 year olds in the UK.