By Oliver Smith on Friday 21 February 2020
Rival Salary Finance said to be examining the employee lender's loan book.
The news would mark a dramatic fall from grace for Neyber, which allows employees to borrow against their salaries and has high-profile partnerships with several large employers like TalkTalk and Royal Mail.
Sky’s report suggests that the business could look for a pre-pack sale of its assets with rival Salary Finance already said to be examining Neyber's loan book.
Sky reported that Neyber has been forced to explore its strategic options due to difficulties in raising additional funding.
Chief strategy officer Monica Kalia told Sky: "As a growing business, we are currently closing the funding for the next phase of our development."
AltFi has contacted Neyber for comment.