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Paidiem provides an all-in-one financial technology platform that automates payroll, invoicing, time management, and financial reporting for businesses with a contingent workforce. It connects with a company's existing systems or can replace them, enabling quick onboarding and seamless workflows. The platform operates as a software-as-a-service (SaaS), charging subscription fees and additional charges for premium features. A key capability is on-demand pay, which allows workers to access earned wages outside normal pay cycles, supporting financial wellness. By automating administrative tasks and ensuring accuracy and compliance, Paidiem helps businesses reclaim resources, reduce errors, and focus on growth. Its goal is to streamline payroll and related processes for contingent workers, enabling organizations to scale efficiently while maintaining financial control.
Industries
Data & Analytics
Enterprise Software
Fintech
Financial Services
Company Size
1-10
Company Stage
Seed
Total Funding
$4.8M
Headquarters
Toronto, Canada
Founded
2019
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Total Funding
$4.8M
Below
Industry Average
Funded Over
3 Rounds
Industry standards
Remote Work Options
Flexible Work Hours
Toronto-based Paidiem Payment Solutions, a provider of end-to-end solutions for the contingent workforce ecosystem, has raised seed financing.
The L-SPARK accelerator is welcoming 7 new startups to its portfolio of over 90 companies with the announcement of its 2021 fall cohort.
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Industries
Data & Analytics
Enterprise Software
Fintech
Financial Services
Company Size
1-10
Company Stage
Seed
Total Funding
$4.8M
Headquarters
Toronto, Canada
Founded
2019
Find jobs on Simplify and start your career today