London based lending platform Neyber has received a £100m investment from Goldman Sachs. Neyber, founded in 2014 and launched in 2015, partners with employers to let their staff borrow money at attractive rates
LONDON — Goldman Sachs has invested £100 million in a fintech startup founded by two of its former bankers that lets people borrow money and repay through their salaries. Neyber, founded in 2014 and launched in 2015, partners with employers to let their staff borrow money at attractive rates. Repayments are then deducted from future salaries, lowering the risk for the lender and hopefully helping staff manage money better.
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