Payments

Y Combinator & Google Ventures backed ZenPayroll, processing over $100 Million in Payroll

There has been a growing demand for payroll related services across the U.S from a number of small businesses and merchants. ZenPayroll, a cloud based payroll startup, enables businesses to set up and run payroll within minutes, via any web enabled device. On August 29th, 2013 the company announced that it is processing over $100 Mn in payroll each year.

ZenPayroll was Co-Founded in 2011 by Joshua Reeves (CEO), Edward Kim (CTO) and Tomer London (CPO). The company has received a total funding of $6.1 Mn through investors Y Combinator, Google Ventures, Start Fund, Jeremy Stoppelman, Tien Tzuo, Drew Houston, Aaron Levie and Pejman Nozad among others. ZenPayroll’s early customers included Y Combinator, SendHub, Clever, and SwiftType among others.

This video gives you an overview of their platform:

Chiraag Patel

Chiraag Patel is a Senior Reporting Analyst and the Editor of Bitcoin and Virtual Currency channels at Lets Talk Payments. He is an engineer with deep interest in MMORPG, Virtual Banking, Game Currency and Virtual Cash. Chiraag enjoys Reading& Blogging with focus on New Innovation, Technology & Startups in the Payments Space.

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