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Home » News » OnPay Secures $100M to Expand Payroll, HR Solutions for Small Businesses
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OnPay Secures $100M to Expand Payroll, HR Solutions for Small Businesses

Fintech News AmericaFintech News America9 January 20251 Min Read
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OnPay Secures $100M to Expand Payroll, HR Solutions for Small Businesses
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OnPay, a payroll, HR, and benefits platform based in Atlanta, has secured over $100 million in funding.

This includes $63 million in Series B funding led by Carrick Capital Partners, with contributions from AB Private Credit Investors and existing backers, plus additional funding from MC Credit Partners.

The new funds will help OnPay improve its products, grow its partnerships, enhance customer support, and expand its services for small and mid-sized businesses across the U.S.

Jesse Burgess
Jesse Burgess

“This funding is a big step forward and will help us deliver even more value to the businesses that depend on us,”

said OnPay CEO, Jesse Burgess.

Jim Madden, Co-CEO of Carrick Capital Partners, added,

Jim Madden
Jim Madden

“OnPay’s excellent product and service model make it perfectly suited to meet the needs of small businesses.”

FT Partners served as the advisor for this funding round.

 

Featured image credit: Edited from OnPay

funding OnPay
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