Tagged: payroll

Payroll API Provider Atomic Raises $40 Million Series B Funding

Atomic, a payroll firm utilized by Fintechs, including neobanks, alternative lenders, and more, has raised a “preemptive” $40 million Series B. The funding was co-led by Mercato Partners and Greylock, with participation from Core Innovation Capital, Portage, and ATX Venture Partners. Atomic’s Series A of… Read More

Revolut Now Offers All in One Payroll Solution in the UK

Neobank Revolut has announced an “all-in-one” payroll solution for UK SMEs, according to a release. Revolut describes the service as a “first-of-its-kind milestone” for the industry, integrating payroll directly into a business account. Revolut Business is a digital banking vertical that is designed to bring… Read More

Check Raises $75 Million Led by Stripe

Check has raised a $75 million Series C led that was laid by payments platform Stripe. The funding included the participation of existing investors Index, Thrive, and Bedrock. Check is an early-stage payroll infrastructure firm whose mission is to make paying people simple. Its platform… 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

Papaya Global Explains How to Manage Business Expansion, Recruit Remote Workers

The team at Papaya Global, which aims to help your company grow (with its passion for automation), notes that if your firm is planning an expansion or engaged in recruiting remote workers without regard for their actual location, then it might make sense to consult… Read More

Swiss Payroll Automation Fintech Earny Launches SaaS as a Public Beta Release

Earny, a Switzerland-headquartered company that aims to streamline and automate payroll for SMEs, recently revealed that it has launched its Software-as-a-service (SaaS) as a public beta this month. By providing access of its solution to a relatively small group of clients, Earny says it is… Read More

Payroll API Provider Atomic Finalizes $22M Series A to Develop A New Generation Of Banking Accounts

Atomic, the provider for payroll connectivity, announced on October 12, 2021 that it has acquired $22 million in Series A financing in order to expand its payroll integration platform and grow its team of professionals. The investment round comes as the company’s solution is on… Read More

India based Neobanking Fintech Razorpay Explains how RazorpayX Payroll Automates All Things Payroll

Indian neobank Razorpay recently shared payroll compliance mistakes that businesses should try to avoid. The RazorPay team explains that payroll compliance is one of the “most important” processes a business performs so that it can maintain operations. All businesses in India and globally have to… Read More

Digital Money Firm Merchantrade Asia Partners LintraMax to Offer Digitized Payroll to Malaysian Plantation Workers

Earlier this week, Merchantrade Asia, a digital money services business operator and e-money issuer, teamed up with palm plantation management services provider LintraMax in order to digitize the payroll system for underserved plantations workers in Malaysia. Through the partnership, Merchantrade Asia and LintraMax plan to… Read More

Pento, a Payroll System for Startups, Raises $15.6 Million

Pento, a Copenhagen-based payroll automation platform for startups, has raised $15.6 million in Series A funding led by General Catalyst. Other investors included Avid Ventures and UK’s LocalGlobe. Existing investors Point Nine Capital, Moonfire Ventures, Hustle Fund, and Seedcamp also took part, alongside strategic angels… Read More

Remote Working Fintech Deel Is Launching Operations Across Europe, will Help with Compliance, Payroll, Taxes

Many individuals and businesses across the globe have been forced to make major lifestyle changes, including working from home, due to the contagious COVID-19 outbreak. San Francisco-based Fintech firm Deel, which plans to improve the work from home process by offering an easy-to-use online platform,… Read More

SME Accounting and Payroll Software Provider Clear Books Integrates with Payment Processor Stripe

Clear Books, which offers accounting and payroll software to more than 13,000 SMEs, has teamed up with payment processing company, Stripe. The integration should make it easier or more seamless for Clear Books customers to take card payments, which means that businesses will be able… Read More

US based Neobank Aidbanc, which Launched in 2019, Plans to Empower NGOs by Providing Digital Banking, Spend Management Tools

Neobank Aidbanc, which launched operations last year, is reportedly planning to assist NGOs by providing them with digital banking and spend management software that they need to deliver financial aid. The proper distribution of financial aid can have a significant positive impact on the lives… Read More

AvidXChange Closes on Additional $128 Million in Equity Funding

AvidXchange has closed on an additional $128 million in equity capital according to a company release. The money is an extension of a funding round from earlier this year that reported a $260 million investment thus bringing the total to $388 million. Investors included; Lone… Read More

Payroll Service Provider OnPay Secures $6 Million Through Series A Funding Round

OnPay, a U.S.-based payroll service provider for small businesses and accountants, announced on Monday it secured $6 million through its Series A funding round. Founded in 2011, OnPay describes itself as a software company that offers small businesses and accountants payroll, HR and benefits services…. Read More

Global Payroll Software Payslip Secures €1 Million Investment Through Latest Funding Round Led By Frontline Ventures and AIB

Payslip, an Ireland-based global payroll management software, and Fintech company, announced on Wednesday it secured a €1 million investment through its latest funding round, which was led by Frontline Ventures and AIB, with participation Technology Investors, Tribal, Bloom Equity and Enterprise Ireland. Founded in 2016, Payslip… Read More

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