Tagged: payroll

January 20, 2026 @ 8:19 am By Omar Faridi  |  

The Ethereum (ETH) blockchain network continues to evolve, with recent developments emphasizing enhanced user privacy, decentralized trust, and navigating regulatory landscapes. As the blockchain and web3 space matures, key figures and projects are pushing boundaries to address longstanding challenges, from data security to financial inclusion…. Read More

January 9, 2026 @ 4:32 pm By Omar Faridi  |  

Israeli Fintech unicorn Papaya Global is reportedly engaged in late-stage discussions for a possible acquisition, with sources estimating a company value ranging from $3.5 billion to $4.5 billion. The news, first reported by Israeli media outlet Calcalist, highlights the company’s performance in the global payroll… Read More

January 8, 2026 @ 1:53 pm By Omar Faridi  |  

US private sector employers added a subdued 41,000 jobs in December 2025, marking a recovery from the prior month’s revised loss of 29,000 positions, according to the latest ADP National Employment Report. This figure fell short of economists’ expectations for around 48,000 new roles, highlighting… Read More

January 5, 2026 @ 8:47 am By Omar Faridi  |  

In the ever-changing world of work, 2026 is ushering in fresh dynamics across the gig economy, workforce trends, and globalization. These developments highlight how technology, consumer behavior, and economic pressures are reshaping employment and business operations worldwide. Starting with globalization and payroll advancements, companies managing… Read More

December 12, 2025 @ 5:12 pm By Omar Faridi  |  

Virtual accounts in the World App, initially piloted in the US, are now reportedly available in more nations such as Japan, Singapore, South Korea, Taiwan and across Latin America. World App users are now able to access a new capability: personal virtual account numbers that… Read More

October 17, 2025 @ 10:33 am By Omar Faridi  |  

Global HR and payroll platform Deel is reporting a Series E round, acquiring $300 million and achieving a $17.3 billion valuation. This capital injection, co-led by Ribbit Capital, Andreessen Horowitz, and Coatue Management, highlights Deel’s steady financial performance and its potential for growth in the… Read More

October 14, 2025 @ 11:39 am By Tony Zerucha  |  

Toku, a stablecoin payroll platform, has announced a partnership with Lagrange, a provider of verifiable AI. Over the past four years, Toku has built the first global system for token compensation, solving for taxes and compliance across more than 100 jurisdictions. With the 2025 stablecoin… Read More

October 2, 2025 @ 11:11 pm By Omar Faridi  |  

Private payrolls fell by 32,000 in September 2025, as momentum across the labor market slowed considerably. ADP noted on Wednesday (October 1, 2025) that the recent downward revisions by the US federal government to benchmark data had been responsible for much of the significant drop…. Read More

July 13, 2025 @ 5:31 pm By Omar Faridi  |  

The roll-up of Dutch payroll software company Employes marks Danish-founded Ageras‘ second acquisition this year and its “most significant since its 2024 takeover of French business banking platform Shine from Société Générale,” says Ageras’ CEO, signalling that change is “coming for the way small businesses… Read More

July 5, 2025 @ 11:30 am By Tony Zerucha  |  

While much of America heads to the beach or a backyard barbecue, payroll administrators are praying they don’t fall prey to the Triple Witching Curse. Luckily, Chime Enterprise’s (NASDAQ:CHYM) PayTV ensures everyone can enjoy their hot dog in peace. Chime Enterprise’s Jason Lee said this… Read More

January 10, 2025 @ 6:17 am By Omar Faridi  |  

OnPay, a provider of payroll, HR, and benefits solutions, announced today that it has secured more than $100 million in funding. The funding consists of a $63 million Series B investment round that has reportedly been led by Carrick Capital Partners, along with contributions from… Read More

September 21, 2024 @ 12:33 pm By Omar Faridi  |  

Nubank (NYSE: NU) announces the signing of agreements with the states of Rio de Janeiro and Minas Gerais to expand the offering of payroll loans. With these two new contracts, the company reaches a “total of 11 agreements and expands its total addressable market (TAM)… Read More

August 26, 2024 @ 7:10 pm By Omar Faridi  |  

Nubank (NYSE: NU) has finalized negotiations for seven new agreements to expand the offering of NuConsignado, its 100% digital payroll loan service. The new contracts include the three branches of “the Brazilian Armed Forces—the Brazilian Air Force, Navy, and Army—as well as the municipalities of… Read More

August 24, 2024 @ 7:34 am By Omar Faridi  |  

Thera, a payroll and payments platform, has announced that it has raised a $4 million Seed round with participation from Y Combinator, 10x Founders, Amino Capital, Zillionize, and Bayhouse Capital. Angels in the investment round reportedly “include Oliver Jung, Chris Bakke, Andrew Yeung, Akash Magoon,… Read More

August 19, 2024 @ 10:27 pm By Omar Faridi  |  

Strategy consultants at OC&C have shared a report unveiling a significant opportunity for Embedded Finance for scale SaaS ERP (Enterprise Resource Planning) and payroll providers. Embedded Finance refers to the “integration of financial products into non-financial customer journeys.” The value chain for embedded finance typically… Read More

August 17, 2024 @ 10:39 am By Omar Faridi  |  

PayPal (NASDAQ: PYPL) and UKG have launched a payroll integration to enable access to payroll funds. U.S. employees whose pay is processed through UKG Pro can “now sign up for a PayPal Balance account and set up PayPal Direct Deposit1 through their employer’s payroll portal,… Read More

August 8, 2024 @ 5:15 pm By Omar Faridi  |  

CloudPay, the independent provider of global payroll and payment solutions, announces the closing of a $120 million funding round led by Blue Owl Capital with the participation of existing shareholders Rho Capital Partners, The Olayan Group and Hollyport Capital. The funding further strengthens CloudPay’s capital… Read More

May 16, 2024 @ 6:00 pm By Tony Zerucha  |  

dLocal, a cross-border payment platform specializing in high-growth markets, today expanded its partnership with Deel, a global HR and payroll platform that helps businesses scale their remote workforce capabilities. The expansion includes Indonesia, Malaysia, Thailand, and Vietnam in Asia, and Ghana, Jordan, Kenya, Morocco, Saudi… Read More

May 13, 2024 @ 8:36 am By Omar Faridi  |  

Rippling is now available for companies headquartered in the United Kingdom. As the all-in-one workforce platform with built-in payroll, HRIS, benefits and more, Rippling offers access “to over a dozen products that support your UK and global employees.” Today, most businesses in the UK utilize… Read More

March 9, 2024 @ 3:28 am By Tony Zerucha  |  

Global human resources company Deel announced this week that it is acquiring PaySpace, a provider of payroll and human resource services. Deal terms were not disclosed. Founded 20 years ago, PaySpace provides native payroll engines in 44 countries across Africa and the Middle East. Heineken,… Read More