Paismo HR, one of the fastest-growing startups in the HR space, and Bank Alfalah have entered a strategic partnership to revolutionize payroll management for businesses nationwide. The signing ceremony on Friday, January 17, 2025, marks a significant milestone in enhancing financial and human resource services for over 8,000 businesses in Bank Alfalah's portfolio.
This collaboration enables Bank Alfalah to integrate Paismo HR's state-of-the-art payroll solutions, offering clients a seamless and efficient platform to manage their payroll processes. By leveraging Paismo's innovative technology, businesses can expect improved accuracy, compliance, and operational efficiency.
Bank Alfalah's representative expressed enthusiasm about the partnership: "We are committed to providing our clients with cutting-edge solutions that drive efficiency and growth. Integrating Paismo HR's advanced payroll management system aligns with our mission to offer comprehensive services that meet businesses' evolving needs."
Paismo HR has been making significant strides in the HR tech industry locally and internationally. In August 2023, the company raised a $1.3 million seed round led by Indus Valley Capital, with participation from Antler and Jedar Capital, bringing its total funding to $1.5 million. This investment has fueled Paismo's expansion and product development, solidifying its position as a modern HR and payroll solutions leader.
Rebecka Zavaleta, co-founder and CEO of Paismo HR, commented on the partnership: "Collaborating with Bank Alfalah allows us to extend our innovative payroll solutions to a broader audience. We are dedicated to transforming HR functions and are excited to support Bank Alfalah's clients in streamlining their payroll processes."
Discover how Paismo automates HR processes from weeks to seconds
This partnership underscores a shared vision to empower businesses with tools that enhance operational efficiency and compliance. By combining Bank Alfalah's extensive network with Paismo HR's technological expertise, the collaboration will redefine payroll management standards in the region.
