Mayo-based payroll technology company, Payslip, has secured €8.3 million in investment and is to use the funding to create more than 150 jobs. Other participants in the latest funding round included Mouro Capital and Dublin-based Frontline Ventures and Tribal.vc, both of which previously backed Payslip. Ms McGuirk said that after a “phenomenal year” for Payslip it was looking to attract larger companies as clients. MiddleGame, which also participated in a $10.2 million (€8.4 million) funding round for Irish company Wayflyer last year, has close connections to the Irish State. Last year, it also received a €10 million investment from Enterprise Ireland to create a pool of funding of up to €20 million for Irish fintech companies.

Source: The Irish Times May 18, 2021 04:45 UTC