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Intermezzo raises $10M for payroll infrastructure - Axios
Intermezzo, a payroll infrastructure startup, has secured $10 million in new funding to expand its platform. The raise highlights continued investor appetite for modernising the foundational layer of the HR-tech stack that powers workforce payments.
Venture CapitalCheckr Acquires Truv, Expanding Into a $45 Billion Identity and Verification Market
Checkr has acquired Truv, expanding its AI-powered verification platform into government benefits eligibility while strengthening mortgage verification. Truv’s network reaches 96% of the U.S. workforce; Checkr serves 140,000+ customers glob
Corestream Secures Strategic Investment from Lightyear Capital to Accelerate Product Innovation and Platform Expansion
Lightyear Capital has made a strategic investment in Corestream, a voluntary benefits and employee savings technology platform. Founded in 2006, Corestream serves over 6M employees and reconciled more than $500M in payroll premiums in...
Paychex Reaches $6.512B in FY2026 Revenue as Paycor Integration and WISE AI Engine Drive Momentum
Paychex reported FY2026 revenue of $6.512B, up 17%, with adjusted operating income rising 19% to $2.815B. Q4 revenue increased 12% to $1.606B, supported by Paycor integration and growth across Management Solutions, PEO, insurance, and...
Niural Launches Niural AI Labs and Expands Series A to $52 Million for AI-Native Payroll and Benefits
Niural, the AI-native platform for global payroll, benefits, payments, and compliance, has launched Niural AI Labs and expanded its Series A to $52 million. The company positions the Lab as a “neolab for finance,”...
Singapore-Based Global Payroll and HR Platform BIPO Secures US$50M Investment from Apis Partners to Expand Across 170+ Markets
Apis Partners has invested US$50 million in BIPO to accelerate the Singapore-headquartered company’s global expansion, disciplined M&A strategy, AI roadmap, and embedded financial services capabilities. BIPO, described as Asia Pacific’s leading payroll payment processing...
Cegid Acquires Shine to Build Europe’s First AI-Powered Financial and HR Hub for SMBs
Cegid has completed its acquisition of fintech unicorn Shine, creating Europe’s first fully integrated AI-driven financial hub for SMBs and accountants. The combined company now serves 1M+ SMBs, 15,000 accountants, operates across 7 Europea
London-Based Global Employment and Payroll Platform RemotePass Raises $17.4M Series B Led by EBRD Venture Capital
RemotePass raised $17.4M in Series B funding led by EBRD Venture Capital, with participation from 500 Global, Oraseya Capital, 212 VC, Access Bridge Ventures, and Khwarizmi Ventures. The platform now supports 35,000+ workers across 150+ cou
Company NewsGusto Surpasses $1 Billion in Revenue, Serving More Than 500,000 Small Businesses
Gusto has surpassed $1B in trailing 12-month revenue, serving 500,000+ U.S. small businesses. The company added roughly 50,000 customers last quarter, achieved five consecutive quarters of ARR acceleration, and says more than half of ARR no
Venture CapitalAtlanta-Based AI Leadership Platform Huper Raises $1.5M Pre-Seed
Atlanta-based Huper has raised $1.5M in pre-seed funding from Nadia Partners, Link Ventures, and Jim Brown (Long Ridge Equity Partners) to build a security-first AI Chief of Staff. The platform launches alpha April 15 and aims to reduce the
Venture CapitalGusto Partners with zerohash to Enable Instant Global Stablecoin Payouts
Gusto has partnered with zerohash to introduce instant, global stablecoin payout capabilities across its payments platform, currently available in beta. By integrating zerohash’s regulated, enterprise-grade onchain settlement infrastructur
Venture CapitalPayoneer Acquires Ireland-Based EOR Platform Boundless to Expand European Workforce Capabilities
Payoneer (NASDAQ: PAYO) has acquired Ireland-based EOR platform Boundless , expanding its European presence and strengthening its Payoneer Workforce Management capabilities. The move follows Payoneer’s 2024 acquisition of Skuad and targets
Venture CapitalOneSource Virtual Announces Strategic, Majority Growth Investment from TA
OneSource Virtual (OSV), a leading provider of HR and payments services purpose-built for the Workday ecosystem, has announced a strategic, majority growth investment from global private equity firm TA Associates. Founded in 2008, OSV deliv
Company NewsPaychex Delivers 18% Revenue Growth in FY2026 Q2, Accelerated by Paycor Acquisition and AI Innovation
Paychex reported strong second-quarter results for fiscal year 2026, delivering 18% year-over-year revenue growth and continued progress toward its long-term strategy of building a comprehensive, AI-enabled human capital management platform
Venture CapitalLondon-Based Ben Raises $27.5m Series B to Modernize Global Employee Benefits
Ben , a London-based AI-native employee benefits platform, has raised $27.5 million (£20.8m) in Series B funding to accelerate product development and expand its go-to-market capabilities for global enterprises. The round was led by Mercia
Venture CapitalHealthStream Acquires MissionCare Collective, Adding the Nation’s Largest Caregiver Network with myCNAjobs.com, which Becomes the Company’s Third Career Network
HealthStream (Nasdaq: HSTM) announced the acquisition of MissionCare Collective LLC, bringing myCNAjobs.com —described as the nation’s largest caregiver network—into its workforce solutions ecosystem as the company’s third “Career Network,”
Company NewsHelios Rebrands as Globalli, Launching the World's First-Ever Global People Operating System
Helios has rebranded as Globalli and launched the world’s first-ever Global People Operating System (OS) , designed to unify payroll, compliance, and HR across more than 125 countries. The platform integrates employees and contractors into
Company NewsParafin and Gusto Launch Payroll Bridge: Line of Credit to Help 400K+ SMBs Pay Staff on Time
Parafin and Gusto have partnered to launch Payroll Bridge, a payroll line of credit designed to help small businesses cover payroll during cash flow gaps. Integrated directly into Gusto’s platform, the solution ensures employees are paid on
Product NewsHiBob Launches Native US Payroll to Cut Complexity and Build Confidence for SMBs
HiBob has launched its native US Payroll and Benefits Administration solution, integrating payroll, benefits, and HR into one unified platform. Backed by Gusto Embedded Payroll technology, this AI-powered solution offers real-time analytics
Venture CapitalHelios Acquires ConnectaVerse to Strengthen Global Expansion and Compliance Capabilities
Helios Global Payments Solutions has acquired ConnectaVerse, a marketplace technology company specializing in international expansion and compliance services across 60 countries. This acquisition enhances Helios’ AI-powered HCM and payments
Venture CapitalUtah’s Sequifi Raises $6.7M to Reduce Turnover in Skilled Trades with Same-Day Pay
Sequifi , a Utah-based workforce infrastructure platform for the home services industry, has raised $6.7 million in seed funding led by Cervin Ventures with participation from Frazier Group and Tokyo Black. The company aims to address sever
Company NewsChime and Workday Partner to Deliver a Comprehensive Employee Financial Wellness Solution to Millions
Workday has named Chime its Strategic Financial Wellness Partner, making Chime Workplace available to Workday customers via Workday Wellness. Workday serves 11,000+ organizations (including 60% of the Fortune 500), positioning this integrat
Company NewsUpwork Inc. Introduces Lifted, a Subsidiary Serving Enterprises with Full Suite of Contingent Workforce Solutions
Upwork Inc. has launched Lifted, a wholly owned subsidiary designed to help enterprises manage the full spectrum of contingent workforce needs, including independent contractors, AOR, EOR, staff augmentation, and SOW engagements. Built on r
Company NewsZipRecruiter Q2 2025 Revenue Hits $112.2M, Signals Possible Q4 YoY Growth
ZipRecruiter reported Q2 2025 revenue of $112.2 million, with a net loss of $9.5 million (−8% margin) and Adjusted EBITDA of $9.3 million (8% margin). Despite a still-soft labor market, sequential growth in Paid Employers since Q4 2024 and
Venture CapitalWingspan Raises $24M Series B in New York to Scale Embedded Contractor Payroll Platform for the $1.4T Flexible Workforce Market
Wingspan , a modern contractor payroll platform, has raised $24 million in Series B funding led by Touring Capital, bringing its total funding to $54 million. The funding will support the rollout of Wingspan Embed—an API-first contractor ma
Product NewsAlight Elevates Employer-employee Benefits Experience With Second Release of Alight Worklife® for 2025
Alight has released the second major update of its Alight Worklife® platform for 2025, reinforcing its AI-powered capabilities across employee benefits administration. This release enhances five key areas: health, wealth, wellbeing, navigat
Venture CapitalBetterComp Secures $33M Series A to Expand into New Markets & Advance AI in Compensation Practices
BetterComp , a compensation management software provider based in Walnut Creek, California, has secured $33 million in Series A funding led by Ten Coves Capital. This marks the company’s first institutional funding after years of bootstrapp
Product NewsPaylocity Advances One Unified HCM and Finance Platform with Launch of Integrated Spend Management Solution
Paylocity has launched “Paylocity for Finance,” expanding its modern HCM platform into the Office of the CFO by integrating Airbase’s award-winning spend management technology. This unified solution enables organizations to manage payroll a
Company NewsPapaya Global and Worksome Partner to Transform the $2 Trillion Contingent Workforce Market for Enterprise Clients
Papaya Global and Worksome have formed a strategic partnership to transform how enterprises manage and pay their contingent workforce. As freelancers and contractors now make up 40% of the global labor market, this integration combines Papa
Company NewsDHI Group Cuts 25% of Workforce at Dice Amid Strategic Restructuring
DHI Group (NYSE: DHX), the parent of tech-focused job boards Dice and ClearanceJobs, announced a 25% workforce reduction as part of a strategic restructuring. This decision follows an earlier 8% layoff in January and will result in $4.2 mil
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