Payflip is a Belgian HR tech SaaS platform that enables flexible, personalized employee compensation through a cafeteria plan. Its system acts as a digital benefits marketplace integrated with payroll, allowing employees to swap traditional salary components for tax-friendly benefits and browse options like mobility, electronics, extra vacation days, pension savings, and insurance. Payslips are automatically updated as employees select benefits, and the platform coordinates with payroll providers to streamline administration. Payflip differentiates itself by combining payroll integration with a benefits marketplace and partnering with suppliers to simplify purchases for SMEs up to large enterprises, including a lighter version for small teams. The goal is to increase employee engagement and satisfaction by giving staff more control over their pay while keeping employer costs steady.
Company Size
11-50
Company Stage
Early VC
Total Funding
$1.4M
Headquarters
Deinze, Belgium
Founded
2020
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Health Insurance
Stock Options
Meal Benefits
Commuter Benefits
Remote Work Options
Professional Development Budget
Ghent-based HR startup Payflip raises over one million euros in funding from Smartfin, the investment fund led by tech entrepreneur Jürgen Ingels, KBC, and PMV. Existing shareholder imec.istart also participated in the new investment round.