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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: • Over £6bn funded since inception • 3,300 clients since inception • 40k contractors • 44 countries • 800k+ invoices paid since inception • 500k+ payments made to contractors

Website https://www.sonovate.com
Revenue $48.3 million
Funding $371 million
Employees 151 (125 on RocketReach)
Founded 2013
Phone +44 20 7112 4949
Technologies
Industry Financial Services, Finance, Banking, B2B, Recruitment, Cloud Recruitment Solution, Contractor Finance, FinTech, Invoice Discounting, Information Technology, Invoice Factoring, Recruitment Finance, Online Timesheets, Compliance, Outsourcing, SaaS
Web Rank 450176
Web Visits 100260
Keywords Invoice Finance, Contingent Workforce, Payment Solutions, Freelance Payments, Payment Processing, Supplier Finance, Funding Solutions, Recruitment Finance, Financial Technology, Fintech Solutions, Working Capital, Alternative Finance, Cash Flow Management, Business Finance, Accounts Payable, Accounts Receivable
Competitors Upwork, Revolut, Freelancer.com, Payoneer, Yell, B.TECH, Squire & Company, PC, Salary Finance, People Per Hour Limited, Fundamental Advisors LP +40 more (view full list)
SIC SIC Code 7361 Companies, SIC Code 73 Companies, SIC Code 61 Companies, SIC Code 736 Companies, SIC Code 616 Companies
NAICS NAICS Code 52 Companies, NAICS Code 56 Companies, NAICS Code 561 Companies, NAICS Code 522 Companies

Sonovate Questions

The Sonovate annual revenue was $48.3 million in 2026.

Damon Chapple is the CEO and Founder of Sonovate.

125 people are employed at Sonovate.

The NAICS codes for Sonovate are [52, 56, 561, 522].

The SIC codes for Sonovate are [7361, 73, 61, 736, 616].

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