SalaryFits, HRtech firm, partners with WishFin and nabs $5M in funding

SalaryFits, the London-headquartered HRtech firm, recently announced that it has secured $5 million from Brazilian VC fund Confrapar.

According to media reports, the HRtech company will be using the funds to expand its operations in India.

The company, which has also partnered with fintech startup Wishfin, recently also teamed up with a HRtech company, the name of which it refuses to disclose.

Guilherma Mota, Head of Operations at SalaryFits, said:

"SalaryFits brings a successful model that promotes financial inclusion and fairer access to financial products. Financial benefits and empowerment of employees' through financial wellbeing solutions are still at very nascent stages in India, and we are happy to bring forward our thought leadership in the country. We recently entered into a strategic partnership with a leading HRtech player, to bring our technology and concept to over one million employees."

Read more here.

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