Payslip - the startup that's revolutionizing payroll management
by Startacus Admin
The Irish fintech startup that's on a mission to revolutionize global payroll management by using cloud-based technology
With work-from-home becoming more of a thing, even without the pandemic forcing it on the entire world, traditional payroll models are becoming outdated and don’t function as well as they should. This only becomes more apparent when companies employ people from multiple countries, another thing becoming easier and more common with the rise of remote working. This is where today’s startup comes in.
County Mayo-based fintech startup Payslip aims to deliver a cloud-based payroll delivery platform that is secure, flexible, and scalable, supporting employers in their need to manage their multi-country global payroll. Their goal is to “revolutionize global payroll management using cloud-based technology”, and they are already well on their way to doing so, attracting clients such as Airbus and Fyffes and helping them deal with the upheaval caused by the pandemic.
Doing away with outdated legacy systems and an over-reliance on manual processes, Payslip integrates with ICPs/Aggregators/HCMs and ERP systems, automating payroll processes, standardising payroll data, and consolidating reporting. In so doing, they provide companies with more control, better visibility, and scalability. The ability for employees to access their own payslips and tax documents is also taken care of by the platform, with secure access at any time.
In May, Payslip announced that it had raised €8.3 million in a funding round led by Middlegame Ventures, with participation from Mouro Capital, Frontline Ventures, and Tribal VC. This comes a year after the startup raised €2.7 million in a Series A round led by Frontline Ventures, and brings their total funding so far since 2016 to €12 million. This funding will be used to hire more senior staff for engineering, sales, and other roles. It will also go towards improving the platform further, with new features to make life easier for your payroll department.
Subscribe to our newsletter
If you would like to receive our startup themed newsletter, full of the latest startup opportunities, events, news, stories, tips and advice, then sign up here.
Tobin Capital continues to expand its portfolio by investing in pop-up marketplace Sook, the startup on a mission to revolutionise the high street.
Sodexo and L Marks open call for applications from innovative startups and scaleups to join their inaugural Sodexo Healthcare and Seniors Accelerator.
The lowdown on FuturePlus, the startup that's on a mission to make sustainability accessible, achievable and affordable for all businesses.
.jpg)
John McLachlan, author and co-founder of Monkey Puzzle Training & Consultancy examines the differences between action-oriented and reflective leaders and which approach is best.
The fitness app that's not just about physical fitness; GoJoe helps employers to engage, motivate and connect their people across all pillars of wellbeing.
Now in its fifth year, North West England water firm United Utilities opens call for Innovation Lab, its pioneering ideas incubation programme.
Not-for-profit OneTech has spunout from Capital Enterprise to expand its offering and continue its mission of creating a more equitable, diverse and supported startup ecosystem.
London-based startup Deep Render tackles the internet’s data and bandwidth challenges via its innovative AI-powered file compression technology.
The lowdown on Dublin-based startup and NUI Maynooth spin-out Neuromod Devices and its innovative evidence-based bimodal neuromodulation treatment for chronic tinnitus.
.jpg)
With the clear shift towards generative AI, Richard Hayes, search director at digital marketing agency Catalyst explores what it means for SEO...
Published on: 7th June 2021
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.
- Startup Sook Receives Investment from Tobin Capital 24th May 2023 Tobin Capital continues to expand its portfolio by investing in pop-up marketplace Sook, the startup on a mission to revolutionise the high street.
- L Marks Seeking Startups and Scaleups for Sodexo Healthcare and Seniors Accelerator 23rd May 2023 Sodexo and L Marks open call for applications from innovative startups and scaleups to join their inaugural Sodexo Healthcare and Seniors Accelerator.
- United Utilities Innovation Lab launches call-out for innovative ideas for fifth programme 18th May 2023 Now in its fifth year, North West England water firm United Utilities opens call for Innovation Lab, its pioneering ideas incubation programme.
- OneTech Spins Out from Capital Enterprise to Support Underserved Communities in Tech Across the UK 18th May 2023 Not-for-profit OneTech has spunout from Capital Enterprise to expand its offering and continue its mission of creating a more equitable, diverse and supported startup ecosystem.
