How to Scale a FinTech with Purpose: Meet Asesh Sarkar, Global CEO of Salary Finance

 

Admission fee:FREE

 

Date
February 2, 2021

 

Time
15:30-16:30 GMT

 

Location
Online, details will be sent to registrants.

Map

 

Description

Come meet Asesh Sarkar, Global CEO and Co-founder of Salary Finance, a fast growing FinTech underpinned by a social purpose, whose Series D is being led by Experian and L&G.

Asesh launched Salary Finance when he saw the impact that a lack of access to affordable financial services had on his children’s nanny. From helping an individual by giving her a loan that she repaid from her salary, he co-founded and has globally scaled a company that 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 newly-opened Scale Space in the White City innovation district, Salary Finance has over 200 employees and is backed by Blenheim Chalcot, Legal & General, Goldman Sachs, Royal London, Virgin Money with £70m in equity and £400m in debt.

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 fintech with a social conscience at its heart.

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 .

 

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