Sonovate

Sonovate

Financial Services

London, Wales; Cymru 18,673 followers

Tech-driven finance for the global contingent workforce

About us

Sonovate’s culture of innovation, inclusivity, and customer centricity makes it the leading provider of finance and payment solutions for the contingent labour market; catering to consultancies, recruitment businesses, and labour marketplaces who service clients around the world. Today Sonovate is the market leader for contingent labour workflow management and funding. From starting as a challenger to the banks, it has grown to become the leading funding platform for the future of work, helping businesses of all sizes access and manage their funding requirements. We are backed by Institutional giants BNPP, Lloyds and M&G. Sonovate in numbers: • £4.2bn funded since inception • 3,300 clients since inception • 40k contractors • 44 countries • 800k+ invoices paid since inception • 500k+ payments made to contractors

Industry
Financial Services
Company size
201-500 employees
Headquarters
London, Wales; Cymru
Type
Privately Held
Founded
2013
Specialties
Recruitment, Cloud Recruitment Solution, Contractor Finance, Invoice Discounting, Invoice Factoring, Recruitment Finance, Online Timesheets, Compliance, Outsourcing, SaaS, Business Consultancy, Gig Economy, Invoice Finance, Invoice funding, Invoice factoring, Consultancies, Freelancing platforms, Workflow automation, Timesheets, and Embedded payments

Products

Locations

  • Primary

    101 St Mary St

    4th floor, Golate House

    London, Wales; Cymru CF10 1DX, GB

    Get directions
  • Lion Court, 25 Procter Street

    2nd Floor

    London, WC1V 6NY, GB

    Get directions

Employees at Sonovate

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Funding

Sonovate 4 total rounds

Last Round

Debt financing

US$ 196.7M

See more info on crunchbase