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Top 50 Payroll Software in Latin America
Discover the top 50 Payroll Software startups in Latin America. Browse funding data, key metrics, and company insights. Average funding: $21.5M.
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Worky
Worky provides a cloud-based payroll and human resources management system that automates real-time payroll calculations and integrates compliance updates with tax regulations. This solution eliminates payroll errors and associated fines, significantly reducing processing time by over 40% while enhancing employee attendance tracking and incident management.
Funding: $10M+
Rough estimate of the amount of funding raised
Tako
Provides an automated payroll and HR platform designed for mid-sized companies, centralizing processes like hiring, payroll, vacations, and terminations in a single system. By integrating eSocial compliance, real-time data updates, and automated reporting, it reduces payroll processing time by up to 7 days per month and eliminates manual errors, enabling teams to operate more efficiently and scale without increasing headcount.
Buk
The startup offers human resources software that manages payroll, contracts, and settlements with electronic signatures, while providing performance reports and talent management tools. This solution enables organizations to efficiently handle salary payments, employee reviews, and recruitment processes, improving overall workforce management.
Funding: $100M+
Rough estimate of the amount of funding raised
Palenca
Provides a payroll API tailored for Latin American countries, enabling businesses to automate and streamline payroll processing across diverse regional regulations and tax systems. This solution reduces compliance risks, saves time, and ensures accurate salary calculations, supporting companies in managing payroll efficiently in markets like Mexico and Brazil.
Talana
Talana is a human capital management platform that integrates payroll processing, digital signatures, and employee management tools into a single interface, streamlining HR operations for businesses of all sizes. The platform addresses inefficiencies in recruitment, payroll, and employee communication, enabling organizations to manage their workforce more effectively while reducing administrative burdens.
Funding: $10M+
Rough estimate of the amount of funding raised
Gibb
Gibb provides an on-demand pay solution that utilizes data-driven pay strategies to enhance payroll flexibility for employers in Brazil. This technology addresses the challenge of employee financial stress by allowing workers to access earned wages before the traditional payday, improving retention and satisfaction.
Funding: $5M+
Rough estimate of the amount of funding raised
Glim
Provides a payroll-integrated financial wellness platform that offers employees personalized financial diagnostics, coaching, and tools like high-yield savings accounts and multi-currency wallets. It reduces financial stress, improves employee retention, and enhances productivity by enabling better money management and offering measurable benefits such as cashback rewards and instant salary advances.
Funding: $2M+
Rough estimate of the amount of funding raised
Payssego
Payssego is a financial well-being platform that provides employees with on-demand access to their salaries through a fully integrated WhatsApp solution, streamlining payment management. This service enhances employee financial security and productivity by allowing workers to access their earned wages when needed, reducing financial stress.
Funding: $300K+
Rough estimate of the amount of funding raised
Paketá
Paket is a digital platform that facilitates payroll loans, early wage access, and FGTS withdrawals for employees, utilizing a streamlined online application process to enhance accessibility. The service addresses immediate financial needs by offering lower interest rates and flexible repayment options, ensuring users can manage their finances effectively without incurring additional monthly obligations.
Funding: $50M+
Rough estimate of the amount of funding raised
Lupa Hire
Lupa Hire connects businesses with vetted remote talent from Latin America, streamlining recruitment, onboarding, and payroll. The platform helps companies reduce hiring costs and accelerate team deployment while ensuring compliance with local regulations.
Konsi
Konsi is a digital platform that enables users to compare and contract payroll loans from over 15 banks in Brazil, utilizing a secure, online interface regulated by the Central Bank. The app provides personalized loan simulations, allowing users to select the most favorable terms and track their application status, addressing the need for transparency and efficiency in obtaining credit.
Funding: $1M+
Rough estimate of the amount of funding raised
Heru
Heru is a virtual accounting platform that automates tax management for freelancers and app workers by providing tools for electronic invoicing, tax declaration, and compliance with fiscal obligations. The platform simplifies the tracking of income and expenses, ensuring users can efficiently manage their taxes and avoid penalties for late filings.
payfy
Payfy offers smart company cards that automate expense report generation and provide real-time transaction tracking for businesses. This solution reduces administrative overhead and improves financial visibility by eliminating the inefficiencies of manual expense reporting.
Funding: $500K+
Rough estimate of the amount of funding raised
PayMon
PayMon combines an ERP system with a mobile application to facilitate digital payments and manage cafeteria operations in schools and corporate environments. This platform reduces administrative tasks, enhances sales efficiency, and provides parents with real-time oversight of their children's food consumption.
Funding: $500K+
Rough estimate of the amount of funding raised
Flash
Flash provides a centralized platform that integrates employee benefits management, expense tracking, and HR functionalities through a MasterCard and a mobile application. This solution addresses inefficiencies in managing multiple systems, enhancing productivity and employee satisfaction for over 30,000 companies in Brazil.
Funding: $100M+
Rough estimate of the amount of funding raised
Kala
Kala offers a digital credit origination platform for independent financial advisors to provide payroll loans to their clients. The platform streamlines the application and disbursement process, enabling faster approvals and extended loan terms, thereby enhancing advisor efficiency and client access to credit.
Funding: $3M+
Rough estimate of the amount of funding raised
Paytrack
Paytrack offers a software platform that automates travel and expense management by integrating features such as expense tracking, travel booking, and corporate card management. This solution reduces manual processes, enhances financial oversight, and minimizes the risk of fraud, ultimately streamlining corporate spending.
Funding: $20M+
Rough estimate of the amount of funding raised
Avista
Avista provides a fully digital platform for pensioners, teachers, and police officers to access payroll-backed loans without the need for a co-signer, even if they have negative credit histories. By streamlining the loan application process through a paperless system, Avista enables users to secure funds quickly and efficiently, addressing the challenge of limited access to credit for individuals with less favorable financial backgrounds.
Funding: $20M+
Rough estimate of the amount of funding raised
Kamino
Kamino provides a financial management software that integrates banking and payment functionalities, allowing medium-sized businesses in Brazil to automate accounts payable and receivable, cash flow management, and bank reconciliation. This platform reduces manual processing time by up to 72%, enabling companies to make informed financial decisions with real-time data and automated reporting.
Funding: $5M+
Rough estimate of the amount of funding raised
Portão 3 (YC S21)
P3 provides a financial management platform that enables businesses to issue and manage multiple physical and virtual cards for expense tracking, budget control, and approval workflows. The solution centralizes payment processes, allowing real-time transaction monitoring and customized spending permissions for employees, thereby enhancing financial oversight and operational efficiency.
ePesos
EPesos provides a mobile platform that allows employees to access up to 30% of their earned wages instantly, without the need for loans or credit. This service addresses the financial stress faced by workers in Mexico, enabling them to manage cash flow more effectively and reducing turnover rates for employers.
Funding: $20M+
Rough estimate of the amount of funding raised
Contabilizei
Contabilizei is a financial back-office platform that provides online business formation, tax filing, and accounting services specifically designed for small and medium-sized businesses (SMBs). By automating compliance and financial management tasks, it enables entrepreneurs to efficiently manage their accounting needs while minimizing costs associated with traditional accounting services.
Funding: $100M+
Rough estimate of the amount of funding raised
Ben up
BenUp provides a centralized platform that automates the management of employee benefits, enhancing security and operational efficiency for HR departments. Employees gain a unified view of their corporate benefits and financial opportunities, improving their overall financial well-being and satisfaction with the company.
Sellers
This startup provides a digital banking platform tailored for retailers, streamlining the management and distribution of variable remuneration for sales teams. By enabling real-time performance tracking and efficient communication, the solution enhances sales processes and improves incentive alignment for businesses.
Funding: $20M+
Rough estimate of the amount of funding raised
minu
Minu is a comprehensive employee benefits platform in Mexico that offers on-demand salary access and over 45 additional benefits, including savings accounts and telemedicine services, to enhance employee financial, physical, and mental well-being. By implementing these solutions, companies can reduce employee turnover by up to 20% and improve overall productivity.
Funding: $50M+
Rough estimate of the amount of funding raised
Facio
Provides a salary-advance service for workers in Brazil, enabling them to access a portion of their earned wages within two minutes through a mobile app. The platform streamlines credit analysis, offers transparent fee structures starting at R$ 9,90, and allows repayment upon salary receipt, addressing cash flow challenges for employees.
Workia
Workia offers HCWork, an online payroll and HR platform that automates payroll calculations, manages employee attendance, and centralizes personnel records. This solution reduces administrative errors and streamlines HR processes, enabling businesses to enhance productivity and make data-driven decisions.
Funding: $3M+
Rough estimate of the amount of funding raised
Managefy
Managefy is a digital platform that centralizes and automates the management of contracts, payments, and compliance for professionals working under PJ (Pessoa Jurídica) contracts. By integrating HR, finance, and legal processes, it eliminates manual errors and inefficiencies, saving clients over 60 hours per month in back-office operations.
ContaÁgil
ContaÁgil provides a digital accounting platform specifically designed for small businesses, enabling users to manage their financial documents, issue invoices, and generate payroll reports in one centralized location. By automating routine accounting tasks, the platform significantly reduces bureaucratic overhead, allowing entrepreneurs to focus on growing their businesses.
Funding: $300K+
Rough estimate of the amount of funding raised
GooRoo Crédito Consignado
GooRoo provides payroll-deductible loans to private sector employees, offering a line of credit repaid directly from their paycheck. This allows employees easier access to credit with manageable repayment terms. The platform ensures secure handling of personal data.
ComunidadFeliz.com
The startup develops financial management software specifically for building and condominium administration, automating income, expense, fund, and salary calculations. This solution enables clients to access real-time financial data and community updates, enhancing transparency and accountability among residents.
Funding: $3M+
Rough estimate of the amount of funding raised
Quansa
Quansa offers a digital financial management platform that provides employees with on-demand access to their earned wages, allowing them to withdraw salary proportional to the days worked without additional HR workload. This solution addresses financial stress by enabling workers to manage their cash flow more effectively, reducing reliance on high-interest loans and improving overall financial wellness.
Funding: $3M+
Rough estimate of the amount of funding raised
Ottimizza Sistemas Contábeis
The startup operates an accounting integration platform that automates financial data entry, significantly reducing the time required for accounting close processes. By eliminating manual typing, the platform transforms days of work into minutes, enhancing productivity for accounting firms.
Funding: $500K+
Rough estimate of the amount of funding raised
PlayBPO
PlayBPO is a financial BPO management platform that integrates with accounting systems like Conta Azul, Omie, and Nibo to streamline task management and communication for financial operations. It enables users to efficiently track time spent on tasks, analyze client profitability, and manage communications in one centralized location, enhancing decision-making and operational efficiency.
Tiba
The startup offers a finance management platform that integrates accounting, inventory management, and payroll functionalities while providing partial payment options for customers. This solution enables businesses to enhance product affordability through installment payment features, addressing cash flow challenges and improving sales conversion rates.
Funding: $3M+
Rough estimate of the amount of funding raised
DitoBanx
DitoBanx offers a digital financial platform enabling users to hold USDC and Bitcoin accounts and spend globally with an international prepaid Mastercard. Businesses can utilize the platform for efficient cross-border money transfers and payroll processing, streamlining digital financial operations.
Funding: $500K+
Rough estimate of the amount of funding raised
Loggro
Loggro provides a cloud-based ERP solution tailored for small and medium-sized businesses in Colombia, integrating billing, accounting, payroll, and point-of-sale systems. This platform enables real-time management of financial operations and inventory across multiple locations, reducing errors and improving operational efficiency for over 15,000 businesses.
Backstartup
Backstartup provides a cloud-based accounting platform that automates financial management for small and medium-sized businesses in Latin America, integrating real-time data from bank accounts and generating monthly financial statements. This service addresses the challenges of maintaining accurate financial records and compliance with tax regulations, allowing businesses to focus on growth while ensuring timely and organized financial reporting.
Funding: $1M+
Rough estimate of the amount of funding raised
Mola Corban
The startup offers a payroll system designed for banking correspondents, featuring automatic import of commissioning spreadsheets, bank reconciliation, and performance dashboards. This financial management software centralizes data on a single platform, enabling clients to save time and enhance operational efficiency.
Funding: $2M+
Rough estimate of the amount of funding raised
Rankmi
Rankmi is a centralized platform that automates human resource management processes, including recruitment, payroll, and employee development, using integrated workflows and data analytics. It enhances organizational efficiency by streamlining the entire employee lifecycle, from onboarding to performance evaluation, ensuring a cohesive experience for both HR teams and employees.
Chipax
Chipax provides a financial management platform for small and medium-sized businesses that integrates real-time data from banks and the IRS, automating cash flow and income statement reporting. This solution eliminates manual errors and disorganized financial records, enabling businesses to maintain accurate and up-to-date financial information efficiently.
SplitC
SplitC automates the calculation and distribution of variable payment commissions using a centralized platform that integrates complex commission structures and real-time data analysis. This technology eliminates manual errors and reduces processing time by up to 80%, enhancing transparency and efficiency in financial operations.
mywork
mywork provides an online platform for managing employee time tracking, vacation scheduling, and hour banks, enabling businesses to streamline their HR processes. The system reduces administrative burdens and minimizes the risk of compliance issues related to labor laws by automating attendance records and generating real-time reports.
Funding: $500K+
Rough estimate of the amount of funding raised
dey
This platform allows employees to access their earned but unpaid wages on demand, providing an alternative to payday loans and overdraft fees. Users can withdraw a portion of their accrued salary before their regular payday, improving financial flexibility and reducing reliance on high-interest credit options.
Factcil
Factcil provides a platform for freelancers in LATAM to manage invoicing, track payments, and handle social security contributions, streamlining administrative tasks. The service enables users to receive upfront payments for their services, reducing the waiting time for client payments and improving cash flow.
Funding: $500K+
Rough estimate of the amount of funding raised
CredSpot
CredSpot is a digital loan marketplace that connects consumers and businesses with a network of banks to facilitate access to various credit products, including FGTS anticipation and digital payroll loans. By offering competitive interest rates and a fully online application process, CredSpot addresses the need for accessible financing options tailored to individual financial situations.
COSIMO
COSIMO provides a Banking as a Service (BaaS) platform that automates financial operations for businesses, enabling seamless management of receivables, payables, and compliance through a single API integration. By eliminating manual processes and reducing transaction costs, COSIMO transforms financial management into a streamlined, efficient operation.
SUMA SaaS
SUMA provides a cloud-based financial management platform that enables small businesses in Spanish-speaking Latin America to manage their accounting, payroll, and tax obligations efficiently. By offering tools for electronic invoicing and financial performance tracking, SUMA enhances visibility and control for over 100,000 entrepreneurs navigating complex regulatory environments.
Funding: $20M+
Rough estimate of the amount of funding raised
Closecare
Closecare is a platform that automates the collection and validation of employee absence documentation using artificial intelligence, significantly reducing manual processing time by over 90%. By providing real-time analytics and integration with payroll systems, it enables organizations to make data-driven decisions to effectively manage absenteeism and improve employee well-being.
LaPag
The startup develops beauty salon management software that integrates payment processing, customer scheduling, and inventory tracking to enhance operational efficiency for salon owners. By streamlining these essential functions, the software improves financial management and tax compliance in the beauty industry.
Funding: $10M+
Rough estimate of the amount of funding raised