Founded back in 2017, Salaryo has raised $6.3m in total with its new $5.5m funding round.
The FinTech company is offering financing options for freelancers and small businesses to pay the deposit for co-working spaces.
Ruby Ventures, the diversified investment company, and Michael Ullmann’s investment group invested the money.
Yair Levy CEO and co-founder of Salaryo, stated: “Salaryo’s latest round of funding is a vote of confidence for the shared workspace industry and will enable us to remove the biggest concern for our customers – cash flow – so that they can focus on growing their business. Our goal is to support freelancers and entrepreneurs in taking their first steps by helping them afford an office space.
“The benefits of shared workspaces make access to them a fundamental way for people to do their best work. Even if a business is already settled in a co-working space, Salaryo will foster its growth by providing affordable and flexible credit on-demand.”
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