Connect with us
Finance Digest is a leading online platform for finance and business news, providing insights on banking, finance, technology, investing,trading, insurance, fintech, and more. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.


Neyber Delivers Growth

Neyber Delivers Growth
  • Loan book grows by over 500%
  • £5M capital raised
  • More than 50 million lent to five thousand employees
  •  Addressable market to reach over one million employees

Neyber, the sector leading fintech financial wellbeing provider, has increased its loan book by 500% over the past year to over £50 million. The fast growing loan book comes in the wake of its launch to all UK employers in 2016, its introduction to 60 companies and 14 employee benefit platforms. Neyber has now raised over £15M in investment capital and plans to complete a further funding round later in 2017.

Neyber is now available to public sector employees across the Police Service, NHS Trusts and Local Authorities and in leading private sector enterprises such as DHL Express, BUPA, UK Power Networks and Anglian Water. This means that 700,000 employees across the UK now have access to fairer finance and lower cost loans than they would find from high street or alternative lenders; with this rising to over one million employees in 2017 as a result of Neyber’s client pipeline.

The disruptive consumer lending platform enables employers to offer loans at more affordable rates than are accessible on the high street; ranging from 4.9% – 9.9%. Loan repayments are taken through a unique salary deduction technology that integrates directly with employer payroll systems. To achieve this Neyber has invested significantly in building a scaleable platform creating a new user experience in the consumer credit market. This enables Neyber to largely negate borrower defaults, delivering more loans at vastly lower costs of acquisition and pass the benefits back to its customers via competitive interest rates.

Neyber co-founder and Chief Executive Officer, Martin Ijaha, said:

“Neyber has made significant progress throughout 2016 and delivered on the founders’ commitment to deliver a better deal for working people, in the form of fairer finance. We look forward to employers across the UK embracing Neyber in the year ahead and to their employees benefiting from our services. In an economy where wage rises remain flat and prices continue to rise, cutting the credit costs of working people matters more than ever before; that’s how Neyber will help millions of hard pressed people across the UK”.

Neyber was founded by former Goldman Sachs investment bankers Martin ljaha and Monica Kalia along with financial technology expert Ezechi Britton. The founders joined together to deliver a genuine alternative to the solutions offered by financial service providers whose high borrowing rates and low returns on savings have helped to create an unprecedented era of financial stress.

To find out more about Neyber, please visit the website:

Continue Reading

Recent Posts