Aslan

About Aslan

The startup offers an on-demand salary access platform that enables employees to withdraw a portion of their earned wages daily, enhancing their financial flexibility. Additionally, the platform provides cashback rewards on purchases, improving employee financial well-being and helping businesses attract and retain talent through competitive compensation packages.

<problem> Many employees face financial stress due to inflexible pay cycles and unexpected expenses, leading to decreased productivity and engagement. Traditional employee benefits often lack relevance and fail to address the immediate financial needs of the workforce. </problem> <solution> Aslan provides a financial wellbeing platform that empowers employees to access their earned wages on demand, earn cashback rewards on spending, and improve their budgeting skills. Through the Aslan mobile app and Mastercard, employees gain control over their earnings, enabling them to manage finances more effectively and achieve savings goals. Employers benefit from increased employee engagement, reduced financial stress among their workforce, and cost savings through tax-efficient gifting and pension salary sacrifice programs. The platform integrates with existing payroll systems, minimizing administrative overhead and ensuring seamless implementation. </solution> <features> - On-demand access to earned wages, allowing employees to withdraw a portion of their salary as needed - Aslan Mastercard that provides cashback rewards on all spending, both in-store and online - Budgeting tools within the mobile app, including spending limits and earnings visibility - Payroll savings feature that enables employees to automatically save a portion of their paycheck and earn bonus points - Employee gifting functionality for tax-efficient rewards and recognition - Pension Salary Sacrifice program to offset National Insurance hikes and increase take-home pay - Financial education resources to improve employees' financial literacy - Integration with existing payroll systems for easy implementation and management </features> <target_audience> Aslan targets employers looking to enhance their employee benefits package, improve employee financial wellbeing, and reduce costs associated with traditional compensation methods, as well as employees seeking greater control over their earnings and improved financial management tools. </target_audience>

What does Aslan do?

The startup offers an on-demand salary access platform that enables employees to withdraw a portion of their earned wages daily, enhancing their financial flexibility. Additionally, the platform provides cashback rewards on purchases, improving employee financial well-being and helping businesses attract and retain talent through competitive compensation packages.

Where is Aslan located?

Aslan is based in London, United Kingdom.

When was Aslan founded?

Aslan was founded in 2022.

How much funding has Aslan raised?

Aslan has raised 7840000.

Location
London, United Kingdom
Founded
2022
Funding
7840000
Employees
27 employees
Major Investors
Notion Capital

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Aslan

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Executive Summary

The startup offers an on-demand salary access platform that enables employees to withdraw a portion of their earned wages daily, enhancing their financial flexibility. Additionally, the platform provides cashback rewards on purchases, improving employee financial well-being and helping businesses attract and retain talent through competitive compensation packages.

aslan.io700+
cb
Crunchbase
Founded 2022London, United Kingdom

Funding

$

Estimated Funding

$5M+

Major Investors

Notion Capital

Team (25+)

No team information available.

Company Description

Problem

Many employees face financial stress due to inflexible pay cycles and unexpected expenses, leading to decreased productivity and engagement. Traditional employee benefits often lack relevance and fail to address the immediate financial needs of the workforce.

Solution

Aslan provides a financial wellbeing platform that empowers employees to access their earned wages on demand, earn cashback rewards on spending, and improve their budgeting skills. Through the Aslan mobile app and Mastercard, employees gain control over their earnings, enabling them to manage finances more effectively and achieve savings goals. Employers benefit from increased employee engagement, reduced financial stress among their workforce, and cost savings through tax-efficient gifting and pension salary sacrifice programs. The platform integrates with existing payroll systems, minimizing administrative overhead and ensuring seamless implementation.

Features

On-demand access to earned wages, allowing employees to withdraw a portion of their salary as needed

Aslan Mastercard that provides cashback rewards on all spending, both in-store and online

Budgeting tools within the mobile app, including spending limits and earnings visibility

Payroll savings feature that enables employees to automatically save a portion of their paycheck and earn bonus points

Employee gifting functionality for tax-efficient rewards and recognition

Pension Salary Sacrifice program to offset National Insurance hikes and increase take-home pay

Financial education resources to improve employees' financial literacy

Integration with existing payroll systems for easy implementation and management

Target Audience

Aslan targets employers looking to enhance their employee benefits package, improve employee financial wellbeing, and reduce costs associated with traditional compensation methods, as well as employees seeking greater control over their earnings and improved financial management tools.

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