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more of a thing, even without the pandemic forcing it on the entire world, traditional payroll models are becoming outdated and don’t function as well as they should.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Doing away with outdated legacy systems and an over-reliance on manual processes, Payslip integrates with ICPs/Aggregators/HCMs and ERP systems, automating payroll processes,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.
Moneybox smashes its investment target with over 15,000 people investing £6.25million in 72 hours in its Crowdcube campaign.
Applications from startups with positive social impact at their core sought by for Crowdcube and Virgin StartUp for Collective Impact, their investment-readiness accelerator.
Business owners are currently facing similar challenges in all sectors. These basic tips aim to help address those issues.
Kickstart Innovation, one of Europe’s leading innovation platforms, has announced applications are now open for the 2022 program.
The lowdown on Kuberno and its innovative tech solution to help companies navigate through governance and compliance requirements.
Virtually Visiting is an online platform enabling users to experience their dream destination from the comfort of their own home via immersive 360 video tours.
Next gen mobility beyond the big cities - RideTandem is a startup aiming to turn local transport providers into smart shuttles for work, education and more.
.png)
If you like haggling, you'll like this - London-based startup Nibble has created an AI-powered eCommerce chatbot to enable customers to negotiate a personalised price.
A tidal wave of resignations and increased interest in angel investment; Oliver Woolley, CEO of Envestors shares some insights on why these trends are connected.
Deeptech startup SLAMcore secures major investment to boost the performance and reach of their pioneering spatial mapping technology.
Published on: 7th June 2021
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.
- Global Innovation Platform Kickstart Launches New Application Round For Startups 9th May 2022 Kickstart Innovation, one of Europe’s leading innovation platforms, has announced applications are now open for the 2022 program.
- SLAMcore Raises $16 Million To Deliver Low-Cost, Spatial Understanding To Real-Life Robots 3rd May 2022 Deeptech startup SLAMcore secures major investment to boost the performance and reach of their pioneering spatial mapping technology.
- Ulster Bank Brings Pitching Competition to International Disability Summit 3rd May 2022 Ulster Bank seeking entrepreneurs to enter the elevator pitch competition at the Harkin International Disability Employment Summit.
- Oneday secures major investment to support aspiring entrepreneurs 27th Apr 2022 Oneday, the platform that helps entrepreneurs turn their passion into business secures £2.5M seed funding to accelerate product innovation and scale up growth.
