London-based Salad Money, a community development finance institution (CDFI) offering credit to public sector and healthcare workers has secured £40 million from a US-based credit fund. The firm makes use of open banking and machine learning technologies to allow critical workers in the UK, underserved by traditional credit providers, to avoid expensive payday loans and predatory lenders. 

Salad Money Secures £40m Debt Facility to Get Credit to Public Sector Workers