Payflip
A web application for SMEs to strategically optimize their salary policy in a tax-friendly and personalized way.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor | €0.0 | round |
| N/A | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
* | €1.3m | Early VC | |
| Total Funding | 000k | ||
| USD | 2020 | 2021 |
|---|---|---|
| Revenues | 0000 | 0000 |
| EBITDA | 0000 | 0000 |
| Profit | 0000 | 0000 |
| EV | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 |
Source: Dealroom estimates
Related Content
Payflip is a Belgian-based company that provides a digital platform for managing flexible compensation and benefits. The company targets businesses of all sizes, enabling them to offer their employees personalized remuneration packages, often referred to as 'cafeteria plans'.
The platform allows employees to choose from a variety of benefits, such as mobility solutions (company cars, bike leases), IT equipment, and insurance plans, thereby optimizing their net pay. The business model is likely a B2B SaaS (Software as a Service) model, where client companies pay a subscription fee to use the platform, potentially based on the number of their employees.
By digitizing and simplifying the process of creating and managing flexible reward plans, Payflip addresses a need in the human resources sector for more individualized and tax-efficient compensation strategies. This helps employers to attract and retain talent by offering more than just a traditional salary.
Keywords: flexible compensation, cafeteria plan, employee benefits, remuneration, mobility budget, HR software, B2B, SaaS, payroll optimization, benefits administration