Payslip Secures Growth Financing

Paycheck, a global payroll technology company, has secured new growth financing from PKS Investments to fuel its international expansion and product innovation, particularly in AI technology. This investment follows a decade of sustained growth for Paycheck, marked by a 60% CAGR and strong EBITDA positivity, with the company on track to double revenue every two years. The financing will allow Paycheck to hire more staff to meet increasing demand for its Global Payroll Control Platform, which automates over 1.3 million monthly payslips across more than 125 countries. The company's AI suite, Paycheck Alpha, is embedded in payroll workflows to enhance efficiency and compliance. New customer wins include Flix and Zalando, adding to a roster of global brands like Cloudera, Just Eat Takeaway, and EQT. This funding round reflects confidence in Paycheck's continued growth and its expanding role in global payroll operations.