Persionio launches in UK and Ireland after raising $75M

https://www.mobilepaymentstoday.com/news/persionio-launches-in-uk-and-ireland-after-raising-75m/
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Persionio launches in UK and Ireland after raising $75M

Hanno Renner, co-founder and CEO of Personio.

Personio, a fintech focused on human resources and payroll operations, has launched in the U.K. and Ireland after raising $75 million in Series C funding, led by Accel.

Lightspeed Venture Partners and Lars Dalgaard, founder and CEO of SuccessFactors, also participated in the round. 

Personio has helped digitize HR and payroll functions at more than 2,000 SMEs in 40 countries around the world and has been working with some high-profile disruptors, including digital savings platform Raisin and U.K.-based data platform Millimetric. 

“Businesses, and SMEs in particular, have a huge amount to consider when it comes to HR, everything from recruitment to onboarding, personnel management, payroll and performance feedback,” Hanno Renner, co-founder and CEO of Personio, told Mobile Payments Today via email. “Our software helps make administration more efficient, giving teams an all encompassing platform where everybody can place, upload and use information in an entirely GDPR (General Data Protection Regulation) way.” 

The company has now raised $130 million in five years since its initial launch. 

 


Topics: Mobile Apps, Mobile Payments, Venture Capital


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