Finch provides an API platform that facilitates integration between HR systems, payroll providers, and other employer-related services. This platform allows different software systems to communicate and share data effectively, acting as a bridge for businesses. Finch primarily targets small to medium-sized enterprises, large corporations, and software developers who need to connect their HR and payroll systems with other applications. The company generates revenue by charging fees for API usage, which can vary based on the number of API calls or users. Finch prioritizes security and data protection, ensuring that all data exchanges comply with industry standards, which is vital given the sensitive nature of payroll and HR information. The goal of Finch is to streamline HR and payroll operations for businesses, enhancing their efficiency through secure and effective integration services.

General Catalyst

General Catalyst Partners

Y Combinator

Inventure

Emil Sjödin

Peter Neubauer

SemperVirens VC

Bedrock

Menlo Ventures

Intuit Ventures

Altman Capital

PruVen Capital

QED Investors

Enterprise Software

Fintech

Cybersecurity

Finch

Intuit Ventures invests in Finch

In an effort to allow third-party administrators to more easily collect payroll and census data directly from employers' payroll systems, PensionPro Software LLC, a workflow automation software for TPAs, announced it is partnering with Finch Inc., a unified API platform for employment services.

PensionPro, Finch Join Forces to Streamline Plan Administration

Finch, a US-based fintech startup founded by a former N26 employee, has secured $1.8M in seed funding. The round was led by Mendoza Ventures with participation from Barclays, Techstars Investors, and Draper Frontier. Finch aims to launch its platform to help Millennials manage their money by integrating investing with the flexibility of checking accounts. Founder Neel Ganu highlights the need for accessible investment options for Millennials, many of whom do not currently invest.

Finch Secures $1.8M Seed Funding

Bilflo and Top Echelon Software have partnered to provide a comprehensive solution for staffing agencies and human resources (HR) professionals.The collaboration aims to help these businesses improve contractor management, minimize data-entry errors and expedite payroll processing, the companies said in a Monday (Aug. 21) press release.“This strategic partnership is dedicated to providing an end-to-end solution for your staffing business by elevating your agency’s performance, improving efficiency and delivering exceptional value to your business,” the companies said in the release.By integrating Bilflo’s back-office software solution with Top Echelon’s recruiting software tools for small- to medium-sized businesses (SMBs), businesses can export data seamlessly, according to the release.The integration also enables efficient time tracking by capturing time with mobile-friendly timecards or importing time in bulk, the release said.The integrated platforms also deliver automated payroll and invoicing and real-time reporting, per the release.“Export time to your payroll system, create invoices, deliver them to your clients and send them to your accounting system automatically,” the companies said in the release. “…Access helpful business intelligence and set and track team member goals with performance management features.”In another recent move in the HR space, workforce payments platform Branch launched an online instant payment solution in July. Called Branch Direct, this solution allows companies to pay workers directly to an existing bank account.Given the positive impact instant payments can have on an employee’s cash flow and talent retention, more companies are making it easier for employees to get paid quickly, Branch said when launching the new offering.In February, Finch raised $40 million in a Series B round to grow its employment application programming interface (API). The firm said it will use the capital to extend the API’s coverage to more systems, expand into new employment data verticals, and add to its engineering product and success teams.These moves will expand the capabilities and use of its API that enables access to an organization-wide directory as well as payroll and benefits data

Bilflo And Top Echelon Partner On Solution For Hr Professionals

SAN FRANCISCO, June  07, 2023  (GLOBE NEWSWIRE) -- Finch, the #1 API for employment systems, today announced additional funding led by Intuit Ventures, the venture capital fund of Intuit, the maker of TurboTax, Credit Karma, QuickBooks and Mailchimp. This is following its $40 million Series B just four months prior in February 2023, co-led by Menlo Ventures and General Catalyst.As the leader in the Open Employment Data Ecosystem, Finch is excited by the opportunity to deepen its relationship with Intuit. The company's Intuit payroll is the #1 payroll provider for small businesses.An Open Employment Data Ecosystem fosters data connectivity and integrated systems. For HR teams, this is essential to not only streamline processes and boost productivity, but also to empower strategic decision-making to better meet organizational objectives and serve employee needs."Today's employers are demanding their systems of record speak to one another so they can get the best insights into their operations. By opening up the Employment Data Ecosystem, Finch can unlock the full potential of the suite of solutions that utilize HR, payroll and benefits data," said Jeremy Zhang, CEO at Finch. "We are thrilled to be partnering with Intuit Ventures as we continue this important work of growing the Open Employment Data Ecosystem, enabling HR, finance and operations teams to drive business success.""We are constantly looking to invest in innovative companies that are solving critical problems facing our customers," said Adam Coccari, Managing Director of Intuit Ventures

Finch Announces Additional Funding From Global Financial Technology Platform

Just a few weeks ago, Finch Inc. announced a new set of Jobs Management endpoints, which make it easy for developers to programmatically view the status of data sync jobs for any employer connection.

Available Now: View Data Syncs in a Brand New Interface

Finch Inc. is thrilled to announce the launch of its new Data Refresh endpoint, allowing you to request new data whenever you need it.

Introducing Data Refresh: On-Demand Data Syncs

Finch has raised a $40 million Series B round, co-led by existing investors. The startup has seen significant growth, with revenue increasing 12x since their Series A, and has achieved several months of cash flow positivity. Finch is focused on connecting HR systems via API to create a single source of truth for payroll, benefits, and employee data. The company is hiring as it continues to expand.

Finch Secures $40M Series B Funding

API platform for HR and payroll integration

Finch

API platform for HR and payroll integration

Finch

API platform for HR and payroll integration

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