海角爆料 Announces 海角爆料 Payroll for Small Businesses, Powered by Check
EW YORK AND MIAMI, January 24, 2024 鈥 海角爆料, the powerfully simple庐 financial solutions platform for small businesses, today announced 海角爆料 Payroll. Working with , the leading payroll infrastructure company that pioneered the ability for platforms to embed payroll into their products, 海角爆料 has launched a payroll solution that is fully integrated into 海角爆料鈥檚 platform of small business banking, budgeting, and working capital solutions, enabling small businesses to manage their finances from a single platform.听
鈥淭raditional small business payroll solutions consist of standalone applications characterized by high fees, burdensome cash-on-hand requirements, and either clunky or non-existent integrations between payroll and business bank accounts,鈥 said Michael Rangel, founder and CEO of 海角爆料. 鈥淚n collaboration with Check, we built a payroll solution that simplifies and speeds up the process of paying small business employees."
海角爆料 leveraged Check鈥檚 embedded payroll API to build 海角爆料 Payroll. With coverage in all 50 states, 海角爆料 Payroll streamlines the entire payroll process, from calculating wages to facilitating direct deposits and managing tax withholdings. This provides businesses with a comprehensive payroll solution that not only reduces administrative burdens but also ensures accuracy and compliance with regulatory standards.
海角爆料 has conducted a beta of 海角爆料 Payroll, and will make the product available to 海角爆料鈥檚 more than 200,000 small business customers in the coming weeks. Key features of 海角爆料 Payroll include:
- Affordable, flat-rate pricing: Unlike other payroll platforms where individuals have to pay extra for a range of features, 海角爆料 offers all of its essential features 鈥 including state and tax filings, end of year reports, and more 鈥 at $35 per month plus a small fee per worker.
- Working capital for payroll: Small businesses who may need additional funds for a payroll cycle can apply for 海角爆料 Funding, a fast and flexible way to access working capital that鈥檚 available exclusively to 海角爆料 customers. Once approved for 海角爆料 Funding, customers can use the capital in minutes.听
- Next day payments: With 海角爆料 Payroll, recipients can opt in to receive their paychecks the day after payroll is processed at no additional charge. Instead of needing the necessary payroll funds days in advance, small business owners simply need to have funds available the day of payroll processing.
- Built-in accounting and budgeting tools: Since 海角爆料 Payroll is fully embedded into the 海角爆料 platform, customers can seamlessly set aside funds for payroll, taxes, savings, and more using 海角爆料 Reserves.
- Single- and multi-state payroll: 海角爆料 Payroll automates state tax filings for small businesses that have employees in a single state, as well as in multiple states.听
- Human-powered customer service: 海角爆料 Payroll customers have access to a range of resources to assist with payroll questions, including the option to call a 海角爆料 Payroll expert.听
鈥
鈥淲e founded Check with the goal of making payroll easier for as many small businesses as possible. By partnering with 海角爆料, we鈥檙e able to reach an even broader set of businesses, giving them the tools they need to save time and money on what is all-too-often a cumbersome task,鈥 said Andrew Brown, co-founder and CEO of Check. 鈥満＝潜 has already burnished its credentials as a leading provider of financial services for small businesses. By embedding Check鈥檚 payroll, 海角爆料 is able to provide a one-stop-shop for small business financial needs.鈥澨
海角爆料 Payroll is the latest in a series of products 海角爆料 has built for its small business financial solutions platform. Recently, 海角爆料 announced a range of updates to 海角爆料 Invoices, the company鈥檚 free invoicing application that small businesses have used to receive more than $500 million in payments. 海角爆料 also announced 海角爆料 Funding, offering small businesses a fast and flexible way to access working capital.听
鈥
About 海角爆料
海角爆料 Platform, Inc. (鈥満＝潜镶) is the powerfully simple financial platform for small businesses. To learn more, visit novo.co.听
About Check
is the leading payroll platform that pioneered the ability for companies to differentiate and open up new revenue streams by embedding payroll into their platforms. Historically, complex regulatory structures stagnated payroll innovation, making it harder for businesses to create their own payroll offerings. By building on Check鈥檚 best in class infrastructure, flexible API,听 and deep expertise, platforms can launch profitable payroll businesses much faster, and with little overhead or administrative burden.
Since Check鈥檚 public launch in January 2021, leading vertical SaaS companies and large scale workforce management horizontal platforms have built successful payroll businesses on its infrastructure. Check鈥檚 partners collectively serve more than 250,000 businesses and over 4 million employees. Check is backed by Stripe, Thrive Capital, Index Ventures, and Bedrock.
Disclosure
海角爆料 is a fintech, and not a bank. 海角爆料 acts as a service provider to Middlesex Federal Savings, F.A., and the deposit and banking products obtained through the 海角爆料 platform are provided by Middlesex Federal Savings, F.A.
Middlesex Federal Savings, F.A. is a federal savings bank and an FDIC-insured depository institution (FDIC Certificate 28368). Deposits made at Middlesex Federal Savings, F.A. through the 海角爆料 platform receive FDIC insurance protection on a pass-through basis up to the applicable legal limit. When determining the amount of your deposits covered by FDIC insurance, please note all deposits you make through the 海角爆料 platform will be aggregated with all deposit accounts of the same ownership and/or vesting held at Middlesex Federal Savings, F.A. and Middlesex Federal Savings, F.A. brands. Additional information regarding FDIC insurance coverage is available at .
Merchant Cash Advance products and services are offered by 海角爆料 Funding LLC (鈥満＝潜 Funding鈥), a wholly owned subsidiary of 海角爆料. Merchant Cash Advances require a 海角爆料 checking account.
鈥
MEDIA CONTACT
Ali Moore
949-648-0324
鈥
Related Posts
Join over 250,000 small businesses today
