PaySlip

WestBIC is an Enterprise Ireland partner providing hands-on startup support, funding readiness and investment preparation for early-stage founders in the west of Ireland.

Payslip delivers a scale-up advantage for today’s global business leaders, harmonizing global payroll operations to fuel growth efficiency. By standardizing and automating the complexities of global payroll, Payslip’s Global Payroll Control Platform empowers outperformers to achieve execution excellence, see a bigger picture and scale at any dimension.

Key supports received during start-up process & the role WestBIC played

We received support from the Mayo LEO and their team was great and then progressed to secure CSF funding with Enterprise Ireland. I always find application processes complicated and WestBIC support was superb. They made it far more digestible and provided very useful advice which provided great value to Payslip.
We have received fantastic support from the WestBIC team since our launch. They have been incredibly supportive and have provided us with invaluable information and knowledge.

Words of advice & Key Issues for new start-ups

Courage is key - You have to be brave, and not be worried about having egg on your face. The most important part at the outset is getting out there and talking to as many people as possible in the market.

Future Plans

We are revolutionizing global payroll management so that it becomes foundational for executing a growth agenda. We are the technology partner that high growth companies need to create a scale up advantage for growth efficiency. 2020 saw saw a nearly 100% increase in employee headcount, 40% revenue growth, and 25% quarterly customer growth.

We secured €8.3m in a Series A financing round in 2021 which will enable the company expand and create 150 new jobs.