About Keypay
Keypay is a company based in Sydney (Australia) founded in 2011 was acquired by Employment Hero in February 2022.. Keypay offers products and services including Automated Payroll, Rostering, Time and Attendance, and Employee Portal. Keypay operates in a competitive market with competitors including Gusto, Justworks, Earnin, Paylocity and Payflow, among others.
- Headquarter Sydney, Australia
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Webscale Pty Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Employee Count
Employee Count
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Acquired by
Employment Hero
(Feb 16, 2022)
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Products & Services of Keypay
Keypay offers a comprehensive portfolio of products and services, including Automated Payroll, Rostering, Time and Attendance, and Employee Portal. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Automates payroll calculations, super payments, and ATO reporting.
Manages employee shifts and optimizes rostering processes.
Simplifies time tracking and clock-in for employees.
Allows employees to view payslips and manage details.
Funding Insights of Keypay
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Keypay
Keypay has secured backing from 1 investor. Prominent investors backing the company include Employment Hero. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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End-to-end HR, payroll, and benefits platform is provided.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Keypay
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Keypay
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Keypay Comparisons
Competitors of Keypay
Keypay operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Gusto, Justworks, Earnin, Paylocity and Payflow, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Cloud-based HR and payroll solutions are offered for small businesses.
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| domain | founded_year | HQ Location |
Benefits administration and payroll management are provided for businesses.
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| domain | founded_year | HQ Location |
Real-time access to earned wages is provided fee-free.
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| domain | founded_year | HQ Location |
Cloud-based payroll and HR solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Payflow is recognized as a financial wellness application for employees.
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| domain | founded_year | HQ Location |
Cloud-based HR and payroll management solutions are offered.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Keypay
Frequently Asked Questions about Keypay
When was Keypay founded?
Keypay was founded in 2011.
Where is Keypay located?
Keypay is headquartered in Sydney, Australia. It is registered at Sydney, New South Wales, Australia.
What does Keypay do?
KeyPay was founded in 2011 in Sydney, Australia, within the software sector focused on human resources. A cloud-based platform for payroll and workforce management is operated, targeting accountants and businesses. Core features encompass a pay conditions engine, time and attendance tracking, automated payroll processing, single touch payroll compliance, employee portals, report management, and leave handling. Operations are supported through a monthly subscription model, with services accessible via the domain keypay.com.au.
What products or services does Keypay offer?
Keypay offers Automated Payroll, Rostering, Time and Attendance, and Employee Portal.
Who are Keypay's investors?
Keypay has 1 investor. Key investors include Employment Hero.
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