PayZlip
PayZlip is a Swedish cloud-based payroll SaaS that unifies time tracking, expenses, and real-time payroll processing into one platform, priced per payslip and serving primarily small and medium businesses in Sweden.
- Company typePrivate
- Founded2020
- HeadquartersHelsingborg, Sweden
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
What PayZlip does
PayZlip is a Swedish cloud-based payroll and workforce administration SaaS company headquartered in Helsingborg, founded in 2020. Its platform unifies time tracking, expense and per diem management, payroll processing, and an employee-facing mobile app into a single system, with a distinctive real-time payroll engine that automatically recalculates wages, overtime, holiday pay, and time-bank balances the moment employees report time, absences, or expenses — giving both employers and employees immediate visibility before the next payroll run. The product is built around Swedish regulatory and compliance requirements, with pre-built integrations to Skatteverket (tax agency), Fora (occupational pension and insurance), Collectum (ITP pensions), HR systems, and BankID-based identity verification.
The company operates a usage-based subscription priced per payslip (99 SEK per payslip per month) with no setup fee, no binding period, and free onboarding for companies under 50 employees; a free time-tracking tier for up to 10 users serves as a product-led growth wedge into startups and small businesses. Its go-to-market is hybrid: product-led growth through self-serve mobile app downloads and a free trial, supplemented by direct inside sales (30-minute demos), content marketing, SEO targeting Swedish payroll queries, and a channel partner program with accounting firms (ECIT, Edacta AB) and regional business development organizations (Tillväxt Helsingborg, Nyföretagarcentrum).
PayZlip serves Swedish small and medium businesses as its primary segment, with secondary reach into accounting firms, schools, associations, law firms, consulting firms, and seasonal businesses, spanning more than 20 industries including education (Amerikanska Gymnasiet, 200+ employees), aquaculture (Nordic Sea Farm), retail/automotive (Däckline), professional sports (Helsingborgs IF), and technology/finance (Qvalia, Kipa). As of March 2025, the company has raised approximately €650K in equity and loans at a €5M post-money valuation from angel investors Pär Davidsson and Erik Urnes, operates with a team of 6-9 people, and was selected for the PwC Raise European growth program.
PayZlip firmographics
Firmographics- Name
- PayZlip
- Legal name
- PayZlip AB
- Website
- https://payzlip.se
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- PayZlip is a Swedish cloud-based payroll SaaS that unifies time tracking, expenses, and real-time payroll processing into one platform, priced per payslip and serving primarily small and medium businesses in Sweden.
- Ownership category
- akta.pro rank
PayZlip industry classification
Industry- Product category
- Payroll Management Software
- NAICS
- Payroll Services (541214)
- SIC
- Services-Prepackaged Software (7372), Services-Computer Processing & Data Preparation (7374)
- akta.pro primary industry
- Payroll Software & Payroll-as-a-Service (SaaS) (BPACAIAB)
- akta.pro secondary industries
- Expense Management & Reimbursements Administration (BPACAIAH), Employer Payroll Processing (SMB & Enterprise) (FSAMAKAA)
Keywords
Where PayZlip is headquartered
LocationHeadquarters
- HQ city
- Helsingborg
- HQ country
- Sweden
- HQ region
- Europe
Offices2 records
Markets served
PayZlip business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations
Revenue model
- Subscription - Per Payslip: Monthly subscription model billed per payslip (pay per actual use), not per user. Suitable for companies with seasonal employees or varying workforce sizes. No start-up fees, no binding period, and no hidden costs.
- Core SaaS Platform: All-in-one payroll system including time tracking, expense management, payroll calculations, and employee app. Single platform consolidates previously separate systems.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Per payslip model - 99 kr per payslip per month |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels6 records
PayZlip product offering
Product offeringCore offering
PayZlip provides a cloud-based, all-in-one payroll system that consolidates time tracking, expense and per diem management, payroll calculations, and employee self-service into a single platform with real-time updates. The system automates calculations of overtime, holiday pay, and time banks while offering free time tracking for up to 10 users. It is aimed at Swedish small and medium businesses, accounting firms, and organizations needing Sweden-compliant payroll processing.
Product overview
PayZlip is a unified payroll SaaS platform based in Helsingborg, Sweden, that consolidates time tracking, expense management, and payroll processing into a single integrated system. The core product portfolio consists of Tidrapportering (time reporting system), Utlägg & Traktamente (expense and per diem management), Lönesystem (payroll processing engine), the Anställd Lön-app (employee mobile app), and the real-time payroll update feature called Löner i realtid. All modules share a common data layer — time, absence, and expense data reported by employees flow automatically into payroll calculations, enabling real-time salary visibility. A free time reporting tier (up to 10 users) serves as an entry point for startups and small businesses. Pricing is per payslip (99 SEK/month per payslip) with no setup fee or contract commitment.
Differentiator
Problem solved
Functional benefit
Products and services
- Tidrapportering (Time Reporting System) A cloud-based time tracking module that lets Swedish employers log employee hours via web and mobile, with QR code clock-in, automatic calculation of overtime, holiday pay, and time banks, and direct integration into the PayZlip payroll engine. Offered free for up to 10 users and aimed at small and medium businesses needing automated time tracking.
- Utlägg & Traktamente (Expense & Per Diem Management) Expense and per diem management module within the PayZlip platform that lets employees submit expenses and per diems digitally, with managers approving and amounts feeding directly into the next payroll run. Designed for Swedish employers needing automated handling of travel and expense reimbursements in compliance with local rules.
- Lönesystem (Payroll System) The core PayZlip payroll processing system that automates Swedish payroll calculations including tax deductions, pension contributions, overtime, holiday pay, and time banks, with real-time updates. Priced at 99 SEK per payslip per month with no binding period, targeted at SMBs, accounting firms, and larger Swedish organizations that need a single integrated payroll platform with Skatteverket, Fora, and Collectum integrations.
- Anställd Lön-app (Employee Payroll App) A mobile app for employees using PayZlip that provides self-service access to view payslips, register time, submit expenses, and manage their own HR-related information on iOS and Android devices. Marketed directly to employees at companies running on PayZlip.
Quantifiable outcome
- 50%+ cost reduction for enterprise customers (94,430 SEK to 50,000 SEK monthly for 200-employee company)
- +2 more outcomes
Companies that use PayZlip
Customer profileNamed customers8 records
Segments7 records
Ideal customer profiles2 records
PayZlip technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
AI capability2 records
Feature6 records
PayZlip partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and minor.
- PwC RaisecoreSelected as one of Europe's leading growth programs. PwC Raise provides growth program support, mentorship, and network access for scaling companies. The selection validates PayZlip's growth potential and provides strategic support.
- Edacta ABcoreAccounting partner that collaborated with PayZlip on a customer case study (200-employee company optimization). Edacta AB demonstrates the company's ability to work with accounting firms to deliver integrated payroll solutions, reducing administrative work and billing compared to using separate systems.
- Tillväxt HelsingborgminorRegional business development organization in Helsingborg. Partnership supports local business ecosystem and provides referrals to PayZlip services.
- Nyföretagarcentrum Skåne NordvästminorRegional startup support organization covering Northwest Skåne. Partnership helps connect PayZlip with new entrepreneurs and small businesses in the region.
- SkatteverketcoreSwedish Tax Agency integration. Seamless data exchange for tax reporting and compliance purposes.
Scale indicators4 records
Recent moves6 records
Expansion highlights6 records
PayZlip competitors and assessment
Company assessmentDirect peers
- Hogia: Nordic provider of payroll, HR, and ERP software with strong presence in Sweden. Directly comparable as a regional payroll SaaS competitor targeting similar SMB and mid-market customers.
- Fortnox: Swedish-listed SMB SaaS platform offering integrated accounting, invoicing, and payroll to small businesses. Directly comparable as PayZlip's primary Swedish SMB payroll competitor with overlapping customer base and product surface.
- Kontek: Swedish payroll and HR software provider (part of Vitec Group). Directly comparable as a Sweden-only payroll SaaS serving SMBs and accounting firms with overlapping product features.
- Björn Lundén: Swedish payroll and accounting software specialist serving SMBs and accounting firms. Directly comparable as a Sweden-focused payroll SaaS competitor with similar customer profile.
Emerging players
- Planday: Nordic (Danish) workforce management and time-tracking SaaS now owned by Xero. Comparable as a Nordic workforce/time-tracking player whose product surface overlaps with PayZlip's time-tracking and scheduling modules.
Broad incumbents
- Personio: European HR and payroll SaaS platform serving SMBs across multiple countries. Comparable as a broader incumbent in the payroll SaaS category with significantly more capital and geographic reach than PayZlip.
- Visma: Major Nordic software group offering payroll, ERP, and HR solutions including Personec P and Visma.net Payroll. Comparable as a broad incumbent serving Swedish SMB and enterprise payroll with significantly more resources than PayZlip.
- PayFit: European payroll and HR SaaS platform serving SMBs across multiple countries. Comparable as a broader payroll SaaS incumbent with similar product philosophy targeting SMBs with automated payroll.
- Workday: Global enterprise HR, payroll, and finance cloud platform. Comparable as an upper-end incumbent in the payroll category; relevant for understanding enterprise scaling trajectory and competitive boundary for SMB-focused players like PayZlip.
- Factorial: European HR and payroll SaaS serving SMBs across multiple countries. Comparable as a broad HR/payroll incumbent competing for the same SMB payroll customer profile with a similar feature scope.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
PayZlip social profiles
Digital presencePayZlip financial estimates
Financial estimateRevenue estimate
Valuation estimate
PayZlip leadership team
Management profileNumber of profiles
Profiles9 records
PayZlip funding detail
Funding detailFunding overview
Funding rounds2 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
PayZlip M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about PayZlip
What does PayZlip do?
PayZlip provides a cloud-based, all-in-one payroll system that consolidates time tracking, expense and per diem management, payroll calculations, and employee self-service into a single platform with real-time updates. The system automates calculations of overtime, holiday pay, and time banks while offering free time tracking for up to 10 users. It is aimed at Swedish small and medium businesses, accounting firms, and organizations needing Sweden-compliant payroll processing.
Is PayZlip a public or private company?
PayZlip is a private company. It is classified as venture growth investor backed and is currently operating.
When was PayZlip founded?
PayZlip was founded in 2020. It employs 1 to 10 people.
Where is PayZlip based?
PayZlip is headquartered in Helsingborg, Sweden, in the Europe region.
How does PayZlip make money?
Two revenue lines are on record. Subscription - Per Payslip is the primary driver. The others are core SaaS Platform.
Who are PayZlip's main competitors?
Direct peers on record are Hogia, Fortnox, Kontek and Björn Lundén. Planday is listed as an emerging player. Broad incumbents are Personio, Visma, PayFit, Workday and Factorial.
Does PayZlip have an API?
No public API is recorded for PayZlip.
What industry is PayZlip in?
PayZlip's product category is Payroll Management Software. Its primary akta.pro industry code is BPACAIAB, Payroll Software & Payroll-as-a-Service (SaaS), with a secondary code of BPACAIAH, Expense Management & Reimbursements Administration. Its NAICS code is 541214 and its SIC code is 7372.