Tagged: hr

Rippling Reports $200M in New Financing and $13.5B Valuation

Rippling has reportedly raised $200M in new financing and signed agreements with investors to repurchase up to $590M of equity from current employees, former employees, and early investors. The financing was led by Coatue with participation “from Founders Fund, Greenoaks, and other existing investors.” Dragoneer… Read More

Digital Transformation: Bank of the Philippine Islands Adopts Digital-First HR via Partnership with Darwinbox

Bank of the Philippine Islands (BPI) adopts digital-first HR with its partnership with Darwinbox, Asia’s Human Resource Management System (HRMS) provider. With a legacy spanning over 170 years, BPI has “enhanced its employee experience and streamlined HR processes for its 18,000-strong workforce, covering a diverse… Read More

Indonesia: Bank BTPN Undergoes Digital Transformation via Employee-First HR Tech, Partners with Darwinbox

PT Bank BTPN Tbk, one of Indonesia’s leading banks, has transformed its Human Capital Management (HCM) processes by partnering with Darwinbox, the global HR technology provider. With this strategic move, the bank reaffirms its commitment “to providing valuable opportunities to make a significant impact on… Read More

UKG, a Provider of HR, Payroll, Workforce Management Solutions, Completes Acquisition of Immedis

UKG, a provider of HR, payroll, and workforce management solutions for all people, has completed the acquisition of Immedis, a global payroll provider with technology and services supporting more than 160 countries and 120 currencies. With the acquisition closing, UKG announced “the immediate launch of… Read More

UKG Enhances Multi-Country Payroll with Agreement to Acquire Immedis

To transform multi-country payroll with the HCM industry’s most adaptable, intelligent experience for multinational businesses, UKG Inc., a provider of HR, payroll, and workforce management solutions for all people, has reached an agreement to acquire Immedis, a global payroll provider with technology and services supporting… Read More

Velocity Global Unveils Product Enhancements, Tech Integrations as Demand for Global Hiring Increases

Velocity Global, the world’s “expert” on work, announced new platform updates to improve the customer experience, accelerate the hiring process, and help companies more strategically meet escalating hiring demands and complexities. In addition to a more seamless, intuitive user experience and improved onboarding management, customers… Read More

Velocity Global, which Helps Firms with Hiring, Paying, Managing Globally Distributed Workforce, Makes Key Appointment

Velocity Global, which claims tobe the world’s “expert” on work, announced the appointment of Linda Lee as Chief People and Culture Officer. In her role, Linda will aim to “build a best-in-class people strategy, overseeing culture-related initiatives as well as talent development and employee recruitment… Read More

Global Hiring, Recruitment Tools: International Salary, Equity Compensation Data Provided via Carta Total Compensation

Carta released the “first-ever” database of international salary and equity compensation data—tailored for venture-backed startups. The new data set “includes geo-adjusted compensation rates for 32 roles in over 40 countries and will be available immediately to all Carta Total Compensation customers, making it possible for… Read More

Velocity Global, a Tech Firm Helping Businesses Compliantly Hire, Pay, Manage Workers, Shares Key Updates

Valued at $2B, the global talent solution provider “reports significant momentum as the demand for remote-first workplace solutions accelerates.” Velocity Global, the provider of global talent solutions, announced new financial metrics and corporate momentum to include: Crossed the $200M ARR threshold. More than 40% organic… Read More

Remote Working Fintech Deel, Zapier to Streamline Global HR Admin Work

Over the past few years, there has been a proliferation in the number of SaaS apps a person can use at their company “for HR admin work – worker contract creation, paid time off tracking, task management – the list goes on and on.” As… Read More

Startups in 2023 are Facing Compensation Markets Unlike Any in Recent Memory, Carta Report Reveals

Startups in 2023 are facing compensation markets “unlike any in recent memory,” according to an update from Carta. Layoffs have “afflicted large, public tech companies as well as companies across the VC ecosystem.” In the private markets, declining valuations and increasing intervals between funding rounds… Read More

Global Hiring Sustained Momentum Last Year, 89% of Contracts Were for Remote Roles, Deel Report Reveals

Deel Lab, the HR company’s research and policy consortium, published its State of Global Hiring Report. Findings from 260k+ worker contracts across 160 countries “show that from January through December 2022, global hiring grew across all regions, although some regions saw a higher rate of… Read More

Funding Circle, Sage to Streamline Financing for Small Businesses

Funding Circle (LSE:FCH) has announced a partnership with Sage, a firm focused on accounting, financial, HR, and payroll technology for small and mid-sized businesses (SMBs). The collaboration “makes it simpler for small businesses to secure funding.” With the incorporation of Sage Accounting and Funding Circle’s… Read More

UK’s Atom Bank Claims that 4-Day Work Week Trial Has Been a Success

UK’s Atom Bank reveals that the 6-month trial of a 4-day work week was really positive for workers and that customer service ratings have not been negatively impacted. App-based Fintech Atom bank said that its four-day working week trial was a success due to several… Read More

Payroll and HR Services Firm Bitwage Teams Up with Casa, Edge Wallet

Bitwage recently announced a “preferred” wallet partnership with Casa and Edge Wallet. On August 1st, news broke that they were partnering with Casa and Edge “as preferred wallet partners.” According to Bitwage, this means that users can now “download and access Casa or Edge as… Read More

Global Fintech Wise to Recruit 150 Professionals for Singapore Offices

Cross-border payments Fintech Wise (LSE:WISE) intends to hire around 150 professionals for its Singapore business offices in 2022. Wise‘s management noted that this includes key roles focused on engineering, product development, design, analytics, compliance, payments and various other operations in order to support ongoing product… Read More

Fintech PayFit Is Planning to Introduce More Features to Streamline HR Processes for SMEs After €254M Raise

The team at Payfit, which has recently raised €254M to strengthen their payroll solution for SMEs, notes that as 2021 came to an end, they had taken a look back on the year. PayFit reveals that not only have they grown in size, but they also… Read More

BlockWRK, Issuer of “Federally-Approved” WRK Token, Introduces Blockchain based Worker Rewards App

BlockWRK, the issuer of the “federally-approved” WRK token, confirms the launch of its blockchain-enabled worker rewards app and Visa card. The app aims to reward employees with BlockWRK’s WRK token for achieving daily goals or targets that are related to health, safety, and overall job… Read More

HR & Benefits Software Solution For Small Business, Insurance Brokers & Insurance Carriers Ease Raises $41 Million Through Series C Investment Round led By Spectrum Equity

  Ease, a U.S.-based HR and benefits software solution for small businesses, insurance brokers, and insurance carriers, announced on Friday it raised $41 million through its Series C funding round, which was led by Spectrum Equity with participation from  Centana Growth Partners, Propel Venture Partners, Freestyle Capital, Compound… Read More

Digital Banking Solution Provider CIMB Launches New Platform for Asian SMEs to Streamline Operations

CIMB Bank Berhad and CIMB Islamic Bank Berhad have introduced CIMB CNY Go Digital for SMEs. This new product should help Asian businesses that are still facing challenges due to the COVID-19 pandemic, including those companies that are struggling to offer certain services because of… Read More

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