What paiyroll® does

paiyroll® is a London-based private software company that provides cloud payroll software focused on processing salaries, managing payslips, and supporting compliance and HR workflows. Founded in 2017 and operating with a headcount of 1-10, the company targets organizations seeking to digitize payroll operations through a cloud-based platform. The underlying product architecture and technology stack are not disclosed in available sources; the company's own website (paiyroll.com) returns only a loading/verification message, and there is no public documentation of integrations, APIs, SDKs, or AI capabilities.

There is no verifiable evidence on the company's business model, pricing structure, go-to-market motion, or revenue mechanics. No funding rounds, investors, ownership structure, partnerships, customer logos, certifications, awards, or geographic footprint are disclosed in the available data. The only named individual is Mark Paraskeva, who serves as founder and CEO. The absence of substantive first-party or third-party disclosure material — combined with a minimal headcount and no observable commercial signals after seven years since founding — indicates paiyroll® remains at a very early stage of development with limited public visibility into its operations, product maturity, or market traction.

Name

paiyroll®

Website

https://paiyroll.com

Company type

Private

Founded year

2017

Headcount range

1–10 employees

Short description

paiyroll® is a London-based, privately held cloud payroll software provider founded in 2017. It processes salaries, manages payslips, and supports compliance and HR workflows for organizations seeking to digitize payroll operations, operating with a team of 1-10 employees.

Ownership category

akta.pro rank

Product category

Payroll Software

NAICS

Payroll Services (541214)

SIC

Services-Prepackaged Software (7372)

akta.pro primary industry

Payroll Software & Payroll-as-a-Service (SaaS) (BPACAIAB)

Keywords

• Payroll software
• Cloud payroll
• Salary processing
• Payslip management
• Payroll compliance

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales

Core offering

paiyroll® provides cloud-based payroll software that processes employee salaries, manages payslips, and supports payroll-related compliance and HR workflows for small and growing businesses. The platform is delivered as a SaaS offering accessible via its website at paiyroll.com.

Differentiator

Problem solved

Functional benefit

Products and services

• paiyroll® Cloud Payroll Software

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves1 record

Emerging players

• OnPay: US cloud payroll provider targeting small businesses with a focused, single-product offering — comparable product positioning even if smaller and US-focused.
• KeyPay: Cloud payroll and workforce management platform serving UK, Australia, and other markets. Direct overlap in cloud payroll functionality for SMBs and bureaus.
• Personio: European HR and people-operations platform with integrated payroll capabilities. Comparable as a cloud HR suite competing for the same SMB/ mid-market buyer.

Regional players

• Moorepay: UK-focused payroll and HR services provider (formerly part of Northgate). Comparable regional competitor serving UK SMB employers with payroll plus HR.

Broad incumbents

• IRIS Software Group: UK-established provider of payroll, HR, and accountancy software for practices and employers. Dominant incumbent in UK payroll with deep customer base.
• Xero: Cloud accounting platform with a payroll add-on for UK and global markets. Competes indirectly via accountant-channel distribution and integrated workflow.
• Sage: Global accounting and payroll software incumbent with significant UK SMB penetration. Bundles payroll into broader accounting suites, creating pricing pressure for standalone players.

Direct peers

• Pento: UK-based cloud-native payroll SaaS for SMBs and mid-market. Direct competitor serving the same customer segment with a similar subscription cloud model.
• Gusto: US cloud payroll, benefits, and HR platform for SMBs. Comparable product architecture and target segment, though geographically focused on the US market.
• PayFit: European cloud payroll and HR platform serving SMBs across multiple countries. Closely comparable in product scope (payroll + HR workflows) and SaaS delivery model.

Market position

Strengths3 records

Weaknesses3 records

Competitive moat1 record

Key risks5 records

Key highlights4 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about paiyroll®