Capium announce £3 million in investment round to deliver ground-breaking efficiencies for the future of accounting and bookkeeping
Capium is thrilled to announce that we have secured a significant amount of investment of three million pounds.
Capium announce £3 million in an investment round
This investment is an important step for the company, allowing Capium to continue to develop and strengthen its Cloud Accounting software, founded in 2013, and extend its reach into the mid-tier market for Accountancy Practices. This will also allow expansion into other market spaces if desired.
As Capium continues to rapidly grow, this investment will largely support the development of the Cloud Accounting Software platform. Capium strongly believes in breaking barriers and continuing to strive for improving Accountants' and bookkeepers' lives by providing them with the software that they truly need at an inexpensive price.
Tushir Patel, Co-Founder “We are excited about what this continued investment in our products will do and bring for our customers. This will propel us forward for practices, as we are already established in the Accounting Cloud space, we will look to further develop other areas within our product portfolio.”
Capium strongly believes that we should have sustainability in mind when developing and delivering quality software, enabling customers to confidently face the challenges of MTD and now MTD for ITSA while continuing to support its customers as best as possible through software and support services.
Sanjay Bhiraju, Co-Founder and CEO, “We are proud to work very closely with our accountants and will continue to work with them, to ease their workload. We are confident that this investment will contribute to delivering exactly what Accountants need and want from their Cloud Accounting software providers - especially now when they need it the most.”
By Capium
Capium will be exhibiting at Accountex Summit Manchester the 12 October 2022 at Manchester Central at stand G5. You can register for a free ticket here.
A decade of revolutionary cloud payroll
KeyPay was publicly released on 1st July 2012, marking a whole decade of changing the way our partners work and pay! Born out of the need to create a more accessible version of payroll by leveraging the power of the “cloud”, what began as software for Australian users has grown on a global scale, now operating in Australia, the United Kingdom, New Zealand, Singapore, and Malaysia.
What started as 4 blokes looking to revolutionise the payroll space has grown into a team of almost 100 dedicated, hard-working individuals who are passionate about creating an incredible product for our users.
As one of the original “core 4” founders, Paul Duran has been working on KeyPay since July of 2011. “Phil, Kristian, Rich and myself started building it in our spare time. I had grown frustrated with the politics, meetings and bureaucracy involved in a typical organisation. I was enticed by the opportunity to build a product/company the way we wanted it to be and the freedom/control to do so.”
In January 2013, there were 1,911 employees paid by KeyPay users. Today, more than 2.5 million employees have been paid - which is an incredible testament to the level of trust that KeyPay users have in the software in streamlining pay processing.
Despite nearly 250,000 businesses now using the platform, KeyPay’s hard work is far from over. We’re excited to be placing even more focus on supporting accountants, bookkeepers, bureaus and their clients in achieving success, and growing the KeyPay business and brand worldwide.
Now that KeyPay has joined the Employment Hero family, our team has access to additional resources to better support partners and help them grow their business. We’re excited to be able to invest back into our partners more than ever before, opening up doors for:
- Enhanced, dedicated partner support
- Additional tools and resources to facilitate partner growth
- Increased access to knowledge, resources, and software to further enhance our product offerings in-platform
Ben Thompson, KeyPay’s CEO and the CEO/Co-Founder of Employment Hero, shares a few words: “Now that KeyPay and Employment Hero have combined forces, it’s a no-brainer that this passion for the success of our partners has become even stronger.”
Tanya Swaby, Product Specialist adds that “we’ll be making even more improvements to our timesheets, rostering and expenses. These parts of the system have the potential to really stand out in the market!” There’s also strong sentiments amongst the team that in the future, “KeyPay will experience significant growth in the UK”.
We’re proud of how far we’ve come in the last 10 years, and can’t wait to see where the next 10 will take us and our clients. We’re so excited to have you on this journey with us, and are excited to meet you at Accountex North 2022, stand F16 to celebrate with us!
If you’ve been looking for trustworthy payroll and workforce management software that simplifies processes, learn more about what we can offer your clients in the UK at ww.keypay.co.uk .
KeyPay will be exhibiting at Accountex Summit Manchester the 12 October 2022 at Manchester Central at stand F16. You can register for a free ticket here.