NoPayDayLoan raises £50k from InvestUK to expand its financial wellness platform.
InvestUK has backed the platform with £50k to support its entry into the UK market.
NoPayDayLoan operates a financial wellness platform providing employees with real-time wage access and budgeting advice.
NoPayDayLoan has secured £50k in funding, facilitated by InvestUK. The capital will support the financial wellness platform as it establishes its presence in the UK market.
The company offers real-time advance access to earned wages alongside intelligent advisory tools designed to help borrowers manage finances and improve saving habits. InvestUK assisted the founder in localising the proposition for British users.
The investment is expected to create at least five full-time positions for UK residents.
Use of funds
- 01Grow the team
- 02Expand into international markets
Investors
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About the company
NoPayDayLoan
NoPayDayLoan provides real-time wage access and financial advisory tools for employees.