PaySauce doubles quarterly revenue

Wed, 15 Apr 2020

SaaS employment solutions provider PaySauce has finished the financial year ended March 2020 with a strong final quarter, doubling its revenue year-on-year. Quarterly revenue grew 122 percent to $429,000 as the number of employees in New Zealand being paid through PaySauce payroll software increased 82 percent to 13,178 people. The total number of employers using PaySauce increased by 80 percent to 2,492.The start-up raised $4M of capital during the quarter, while working towards becoming cash-flow positive. PaySauce chief executive A...

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