Advisory firm Avonhurst closes two major deals Italy and UK
Mar17

Advisory firm Avonhurst closes two major deals Italy and UK

Avonhurst today announced that it successfully closed two major transactions in Italy and the UK, for Guardian Managers Luxembourg and Salary Finance Limited, respectively. Avonhurst partner Ian Frost advised fintech company Salary Finance Limited on the acquisition of its competitor, Neyber Limited, out of pre-pack administration, creating a company that has access to over 3 million employees. Salary Finance specialises in providing...

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FinTech Salary Finance acquires Neyber,  creating UK’s largest employee financial wellbeing platform
Mar11

FinTech Salary Finance acquires Neyber, creating UK’s largest employee financial wellbeing platform

Global workplace finance platform Salary Finance has acquired Neyber. The acquisition creates the UK’s largest employee financial wellbeing platform.  Salary Finance will now serve 500 client partners and reach 3 million employees. The client combined portfolio includes 15% of the FTSE 100 and many household name employers, such as BT, Dixons Carphone, Virgin Active, Co-op, Asda and public sector organisations including NHS Trusts and...

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“Interest Rate Cuts Will Mean More People Stop Saving”
Jul14

“Interest Rate Cuts Will Mean More People Stop Saving”

Asesh Sarkar, CEO of employee loan provider, SalaryFinance, says that news of the Bank of England looking likely to slash interest rates to record lows is a double edged sword for Brits. On the one hand, those wishing to purchase a house, for example, will have access to really low mortgage rates – allowing them to pay off their loans faster. But on the other hand, low interest rates traditionally mean that the economy is in...

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