FinTech startup Neyber, which allows employers to offer access to ‘affordable’ loans, has raised £7.5m in Series B funding.
The London-based company drew support from investors including Deutsche Bank COO, Henry Ritchotte, and Credit Suisse investment bank co-head, Gaël de Boissard. With this round, which also attracted existing backer Police Mutual, Neyber brings its total amount of funding raised to £18m. Martin Ijaha, the co-founder, commented on the news: “This latest funding round has delivered significant support from our anchor partner, Police Mutual and other initial investors alongside new investors with notable experience in the financial services sector. Their investment will support the acceleration of Neyber’s business, enabling it to reach more employees.”