Salary Hero

Salary Hero

Financial wellness platform, driving positive economic outcomes for both employers and employees across Thailand. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
CAD15—23m (Dealroom.co estimates Jun 2022.)
Bangkok Bangkok (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
USD20222023
Revenues<1m3.0m
% growth-208 %
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DateInvestorsAmountRound
-

N/A

-
*

$2.8m

Early VC
Total FundingCAD3.8m

Recent News about Salary Hero

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More about Salary Heroinfo icon
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Salary Hero is a financial health platform that primarily serves employees. The company's mission is to improve the financial outcomes of employees by providing them with a "Salary on Demand" service. This service allows employees to access a portion of their earned salary before payday, helping them manage unexpected expenses and reducing their reliance on high-interest loans.

The company operates in the financial services market, specifically in the employee benefits sector. Its unique selling proposition is its focus on financial health and stress reduction for employees, which also benefits employers by reducing staff turnover and improving overall productivity.

Salary Hero's business model is based on partnering with employers to integrate their service into existing HR and payroll systems. This seamless integration makes the service easily accessible to employees, who can use the Salary Hero mobile application to view their real-time earnings and request advances on their salary.

The company generates revenue by charging a fee for its service, which is likely paid by the employers as part of their employee benefits package. However, the exact pricing model is not specified on the company's website.

Salary Hero's service is praised by users for its convenience, affordability, and positive impact on their financial stress levels and overall quality of life. The company has also received awards and certifications, further validating its credibility and effectiveness in the market.

Keywords: Financial Health, Employee Benefits, Salary Advance, Payroll Integration, Financial Stress Reduction, Mobile Application, Real-time Earnings, Unexpected Expenses, Staff Turnover Reduction, Financial Services.