ALEC is the older company (1990 vs 2018); ALEC is the larger of the two.
Side-by-Side Comparison
| Metric | ALEC | Salad Money |
|---|---|---|
| Founded | ||
| Founded | 1990 older | 2018 |
| Headquarters | ||
| Headquarters | Gurnee, United States | London, United Kingdom |
| Employees | ||
| Employees | 84 larger | 33 |
| Industry | ||
| Industry | Financial Services, Banking | Finance |
| Funding Stage | ||
| Funding Stage | Not tracked yet | Debt Financing |
| Total Funding | ||
| Total Funding | Not tracked yet | $46.20M |
| Funding Rounds | ||
| Funding Rounds | Not tracked yet | 3 |
| Services | ||
| Services | Not tracked yet | Not tracked yet |
| Target Customers | ||
| Target Customers | Not tracked yet | Not tracked yet |
| Taxonomy | ||
| Taxonomy | Credit Union, Auto Loans, Mortgage Loans, Investments, Not-For-Profit, Member-Owned, Financial Co-operative, Savings, Loan Rates, Personal Service | Social Enterprise, Responsible Lending, Financial Well-being, Loan Services, Payroll Deductions, Open Banking, Public Sector Workers, Financial Education, Ethical Finance, Credit Scores, Payday Loan Alternatives |
| Website | ||
| Website | alecu.org | saladmoney.co.uk |
About ALEC
ALEC is a credit union offering more than just traditional banking services. The company distinguishes itself by being owned by its members instead of private investment groups or public shareholders. As a not-for-profit financial cooperative, ALEC prioritizes the diverse financial needs of its memb...
About Salad Money
Salad Money is a UK-based finance startup with the mission of disrupting the toxic loan industry. Founded in 2018, it aims to provide small, affordable loans to public sector workers while fostering their financial well-being. The company operates as a for-profit social enterprise, pioneering respon...
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BounceWatch watches ALEC and Salad Money for new funding, fast hiring, new executives and a change of software vendor. When one happens, we email you the same day.
Funding, hiring, leadership and stack changes at ALEC and Salad Money — by email.
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Related Comparisons
Compiled from the BounceWatch company index. We last looked at ALEC on 2 Dec 2024, and Salad Money on 11 Sep 2024. Where a field is blank here, it means we have not recorded it — not that the answer is zero. How we source and date this.
