
About PSSG
PSSG is a Technology company based in Gateshead (United Kingdom) founded in 2019. PSSG is specialized in payroll and HR software solutions. It operates on a SaaS (Software-as-a-Service) and Managed Services model. PSSG has raised $114.8 thousand across 3 funding rounds. The company has 5 employees. PSSG has completed 2 acquisitions, including Just Payroll Services and Online Payrolls. PSSG offers products and services including Software Solutions, UK Outsourcing, and International Outsourcing. Its focus areas include Software and HR & Payroll Solutions. Its legal entity is Payroll Software & Services Group Limited. Its competitors include Gusto, Payflow, Paylocity, Justworks and Earnin and 5 more; 9 of its 10 listed competitors have raised funding.
Company details
Payroll Software Services Group Limited (PSSG) is focused on delivering payroll and HR software solutions alongside outsourcing services. Operations are conducted in the UK and international markets, covering integrated software for complex payroll tasks, UK-based payroll and HR management, and global services including accounting, taxation, and company formations. The company supports businesses in transforming time-consuming processes through technology and expert services.
- Headquarters Gateshead, United Kingdom
- Employees 5
- SectorsTechnology
- Website thepssg.com
- Social LinkedIn
- Legal Name Payroll Software & Services Group Limited
- Total Equity Funding$114.8K (USD)
in 3 rounds
- Employee Count5
- Investments & AcquisitionsJust Payroll Services
& 1 more
Products & Services of PSSG
PSSG offers a comprehensive portfolio of products and services, including Software Solutions, UK Outsourcing, and International Outsourcing.
Integrated software for payroll and HR task automation.
Outsourced payroll and HR management by experienced specialists.
Global payroll, accounting, taxation, and HR support services.
Funding Insights of PSSG
PSSG has successfully raised a total of $114.8K across 3 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $114,803
- Total Rounds 3
- First Round $114,803
(Dec 2019)
All 3 funding rounds of PSSG with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2022 | – | Seed | β | β | β |
| Dec 2020 | – | Seed | β | β | β |
| Dec 2019 | $114,803 | Seed | β | β | β |
Investments & Acquisitions by PSSG
PSSG has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Just Payroll Services and Online Payrolls.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Accounting, payroll, and tax management services are provided. | justpayrollservices.co.uk | Camberley, United Kingdom | 2014 | Nov 2021 | β’β’β’β’ | |
Managed payroll services are provided to businesses in the UK. | onlinepayrolls.co.uk | Bournemouth, United Kingdom | 2003 | Jun 2021 | β’β’β’β’ |
Complete acquisition details for PSSG
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Timeline of PSSG
5 dated milestones of PSSG across 3 years, from founding to its latest funding, stage changes and deals.
- Founded PSSG is founded.
- Funding First funding round of $115K.
- Acquisition Acquires Online Payrolls.
- Acquisition Acquires Just Payroll Services.
- Funding Latest funding round, Seed,.
Competitors of PSSG
PSSG has 10 listed competitors in our database, 9 of them funded. They include Gusto, Payflow, Paylocity, Justworks and Earnin, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| gusto.com | 2012 | San Francisco, United States | $718.35M | 5,876 | Cloud-based HR and payroll solutions are offered for small businesses. | |
| payflow.es | 2020 | Alcobendas, Spain | $58.23M | – | Payflow is recognized as a financial wellness application for employees. | |
| paylocity.com | 1997 | Arlington Heights, United States | $37.28M | 4,150 | Cloud-based payroll and HR solutions are provided for businesses. | |
| justworks.com | 2012 | New York, United States | $147.52M | 55,459 | Benefits administration and payroll management are provided for businesses. | |
| earnin.com | 2012 | Palo Alto, United States | $190.1M | 242 | Real-time access to earned wages is provided fee-free. | |
| pagarbook.com | 2018 | Bengaluru, India | $24.84M | 456 | Provider of staff attendance, payroll and biometric attendance tools for small to medium enterprises | |
| papayaglobal.com | 2016 | New York, United States | $440M | – | Cloud-based payroll management solutions are offered for businesses. | |
| payscale.com | 2002 | Seattle, United States | $117.62M | 299 | Payroll compensation management software is provided for businesses. | |
| ultimatesoftware.com | 1990 | Weston, United States | – | 10,754 | Cloud-based payroll and talent management software is offered to businesses. | |
| exactuals.com | 2011 | Los Angeles, United States | $20.6M | – | Cloud-based payroll management is delivered to enterprises in creative sectors. |
Detailed competitors of PSSG
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Top companies in Finance & Accounting Applications
10 companies that operate in the same segment as PSSG (Finance & Accounting Applications), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 3,108 | |
Corporate travel and expense management are facilitated through SaaS platform. | 2015 | Palo Alto, California, United States | USD 1.58 B | USD 3.52 M | 847 | |
Financial and accounting software is developed for businesses and individuals. | 1983 | Mountain View, California, United States | USD 49.62 M | USD 21.45 B | 18,200 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 5.07 B | – | 6,209 | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.2 B | – | 5,356 | |
Subscription-based online banking is offered to SMEs and freelancers. | 2017 | Paris, Ile de France, France | USD 717.15 M | USD 171.7 M | 2,457 | |
Cloud-based ERP software is provided for business management across segments. | 1996 | Oslo, Oslo, Norway | USD 198.09 M | – | – | |
Payflow is recognized as a financial wellness application for employees. | 2020 | Alcobendas, Comunidad De Madrid, Spain | USD 58.23 M | – | – | |
Cloud-based HR and payroll solutions are offered for small businesses. | 2012 | San Francisco, California, United States | USD 718.35 M | – | 8,159 |
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Related news about Pssg
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Frequently Asked Questions about PSSG
PSSG was founded in 2019.
PSSG is headquartered in Gateshead, United Kingdom. It is registered at Gateshead, England, United Kingdom.
PSSG is a funded company, having raised a total of $114.8K across 3 funding rounds to date. The company's 1st funding round was a Seed of $114.8K, raised on Dec 2019.
PSSG has 5 employees.
Payroll Software Services Group Limited (PSSG) is focused on delivering payroll and HR software solutions alongside outsourcing services. Operations are conducted in the UK and international markets, covering integrated software for complex payroll tasks, UK-based payroll and HR management, and global services including accounting, taxation, and company formations. The company supports businesses in transforming time-consuming processes through technology and expert services.
PSSG offers Software Solutions, UK Outsourcing, and International Outsourcing.
PSSG has made 2 acquisitions, including Just Payroll Services, and Online Payrolls.
PSSG operates through Payroll Software & Services Group Limited.
