Fintech is helping shift global payroll away from traditional processing
Global payroll is rapidly evolving from legacy processing into a layered, fintech-style platform model, with EOR and payments players like Papaya Global, Multiplier, Payoneer, and Revolut each racing to own more of the hire-to-payment stack — including FX, treasury, digital wallets, and stablecoins. Payoneer's acquisitions of SKAUD and Boundless, and Revolut's UK payroll/EOR launch, signal intensifying competition to control the employer-as-financial-gateway opportunity across global workforces.