Salary Finance, backed by Legal & General, in talks for advanced merger negotiations

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A leading financial technology company, partially owned by Legal & General (L&G), is currently in discussions for a potential merger that would result in one of the largest non-bank consumer lenders in Britain. According to sources familiar with the matter, Salary Finance, which offers wage advances to employees, and Oakbrook, a tech-enabled lending platform, are in talks to combine their…

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