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Company News

DailyPay Names Veteran Executive Nelson Chai as CEO

DailyPay appointed veteran executive Nelson Chai as CEO, advancing its strategy beyond earned wage access toward broader financial wellness for frontline workers. Chai—formerly Uber’s CFO and DailyPay’s Executive Chair—will lead product inn

Oct 1, 2025
Venture Capital

Gusto to Acquire Guideline, Creating a Unified HR and Retirement Platform for Small Businesses

Gusto has announced an agreement to acquire Guideline , a leading retirement benefits platform serving over one million people and 65,000 small businesses. The deal, pending final approvals, aims to create a unified solution for payroll, HR

Aug 28, 2025
Venture Capital

AI-Native Platform Niural Secures $31M to Automate Payroll and Global Ops

Niural, an AI-native global PEO platform, has raised $31 million in Series A funding to reinvent financial operations for modern CFOs. By combining proprietary infrastructure with executional AI agent EMMA, Niural transforms traditional pay

Jun 26, 2025
Venture Capital

Multiply Mortgage Raises $23.5M Series A to Make Homeownership an Employee Perk

Multiply Mortgage, a fintech innovator, has secured $23.5 million in Series A funding led by Kleiner Perkins, bringing its total funding to $27 million. The company is revolutionizing employee benefits by offering lower mortgage rates—up to

Mar 19, 2025
Venture Capital

Helios Raises $15.5M to Transform Global Payroll & Workforce Management with AI

Helios , an AI-powered workforce management platform, has secured $15.5 million in seed funding to enhance how global companies hire, manage, and pay their teams compliantly. Founded by HR tech innovator Rick Hammell, Helios integrates payr

Mar 4, 2025
Venture Capital

Series A Success: Thatch Secures $38M to Reinvent Health Benefits for All

Thatch , a health benefits platform, announced a $38 million Series A funding round led by General Catalyst and Index Ventures, aimed at decoupling health insurance from employment. The investment will enhance Thatch's technology and expand

Sep 5, 2024
Venture Capital

Capitalize Secures $19M to Revolutionize 401(k) Rollovers with Digital Innovation

Capitalize , a platform that facilitates the digital transfer and management of retirement assets, announced the closure of a $19 million Series B funding round led by RRE Ventures. This investment will accelerate the adoption of their tech

Aug 14, 2024
Venture Capital

Payoneer Expands Global Footprint with Strategic Acquisition of Skuad for $61 Million

Payoneer, a global leader in cross-border payment solutions, has announced its acquisition of Singapore-based HR and payroll startup Skuad for $61 million. This strategic move is aimed at strengthening Payoneer's position in the global fint

Aug 9, 2024
Venture Capital

401GO Raises $12M Series A to Fuel Next Phase of Growth

401GO , a fintech company specializing in modern retirement solutions, has successfully secured $12 million in Series A funding led by Next Frontier Capital, with participation from Rally Ventures, Impression Ventures, and Stout Street Capi

Apr 23, 2024
Company News

Salt Labs Offers Lifeline to Employees Left Adrift by Blueboard’s Sudden Shutdown

In an unexpected turn of events that has sent ripples through the HR industry, Blueboard, a prominent experiential employee recognition platform based in San Diego, announced its abrupt shutdown on March 12, 2024. This sudden closure left h

Mar 18, 2024
Venture Capital

Fijoya Raises 8.3M Seed Funding to Pioneer AI-Powered Platform for Employer-Sponsored Healthcare

Fijoya, an innovator in employer-sponsored healthcare, announced an $8.3M seed funding round led by Team8. This funding aims to expand Fijoya's platform, integrating AI to personalize health benefits, thereby simplifying employer and employ

Mar 7, 2024
Venture Capital

RemotePass Transforms the Future of Work: Secures $5.5M to Expand Global HR Solutions

RemotePass , an HR and fintech startup, has raised $5.5 million in Series A funding, surpassing a total of $10 million in capital. This investment will further develop its platform, which assists companies in onboarding, managing, paying, a

Mar 5, 2024
Venture Capital

DailyPay Closes Transactions Totaling $175 Million; Company's Valuation Increases by 75%

DailyPay, a New York City-based company specializing in on-demand pay solutions, has successfully raised over $175 million through a mix of debt and equity funding. This substantial financial injection includes $100 million in increased sec

Jan 18, 2024
Venture Capital

Vestwell's Series D Success: Paving the Future of Fintech with $125 Million

Vestwell, a trailblazer in the savings platform sector, has successfully raised $125 million in its Series D funding round. This significant investment, led by Lightspeed Venture Partners and supported by other key investors, marks a major

Dec 22, 2023
Product News

ADP and Convera Announce Strategic Collaboration Offering End-to-End Payroll and Payments Solutions

ADP, a global leader in human capital management solutions, and Convera, a prominent B2B payments Fintech, announced a strategic collaboration on November 14, 2023. This partnership aims to provide ADP clients with a comprehensive end-to-en

Nov 14, 2023
Venture Capital

Workforce Management Platform When I Work Acquires Fintech Startup Lean Financial

When I Work plans to introduce custom financial products for hourly workers in early 2024. MINNEAPOLIS – July 11, 2023 –Today,  When I Work , a market leader in shift-based workforce management software used by more than 200,000 workplaces

Jul 11, 2023
HR Technology

CandorIQ: The YC-Backed Startup Making Waves in the HR Tech and FinTech Sectors

In the bustling world of startups, one name has recently caught our attention: CandorIQ. This innovative company, a proud member of Y Combinator's Summer 2023 batch, is on a mission to streamline headcount and compensation planning, promisi

Jul 11, 2023
Venture Capital

Clair raises $175 million in funding to launch first free, on-demand pay solution powered by Pathward®, N.A., to help front-line workers get paid same day

July 6, 2023 –  Clair , a mission-driven fintech company, today announced it raised $175 million in funding to launch the first free, consumer-friendly, on-demand pay solution as a consumer lending program backed by an FDIC-insured bank. Th

Jul 6, 2023
Venture Capital

Capdesk Joins Carta to Create a Global Equity Management solution

London -- Capdesk  – Europe’s leading equity management solution – is today announcing it has been acquired by Silicon Valley unicorn and equity giant  Carta . Founded in 2015, London-based Capdesk is trusted by over 3500 of Europe’s fastes

Sep 1, 2022
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