About Paysoft
Paysoft is a company based in Las Vegas (United States) founded in 1981. It operates as a B2B, and SaaS. Paysoft offers products and services including ProPay, ProPay WEB, and ProClock. Paysoft operates in a competitive market with competitors including Gusto, Justworks, Earnin, Paylocity and Payflow, among others.
- Headquarter Las Vegas, United States
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Sectors
TechnologyBusiness Services
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Phone
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Website
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- Legal Name Paysoft, Llc
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Annual Revenue
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Products & Services of Paysoft
Paysoft offers a comprehensive portfolio of products and services, including ProPay, ProPay WEB, and ProClock. 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.
Software for efficient payroll processing and client data management
Web platform for submitting payroll data and accessing reports
Tool using face recognition for employee attendance monitoring
Funding Insights of Paysoft
| 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 |
Investments & Acquisitions by Paysoft
| 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 - Paysoft
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Paysoft Comparisons
Competitors of Paysoft
Paysoft 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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| domain | founded_year | HQ Location |
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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Frequently Asked Questions about Paysoft
When was Paysoft founded?
Paysoft was founded in 1981.
Where is Paysoft located?
Paysoft is headquartered in Las Vegas, United States. It is registered at Las Vegas, Nevada, United States.
What does Paysoft do?
Paysoft LLC develops payroll software designed for services handling from 10 to thousands of clients, featuring tools for quick processing, direct deposits, tax payments, and online access. Based in Las Vegas, Nevada, it supports businesses with efficient payroll management, automatic billing, and state tax forms. The software aids payroll companies in growing their operations through user-friendly interfaces and reliable features.
Who are the top competitors of Paysoft?
What products or services does Paysoft offer?
Paysoft offers ProPay, ProPay WEB, and ProClock.