Our story
We've come a long way since our humble beginnings in 2015.
This is who we are and how we got here.
Our Purpose
We exist to give small business owners and their employees peace of mind.
Our Vision
We’re making payroll effortless for small businesses: improving the lives of business owners and their employees by making payroll simple and accessible.
PaySauce began as a simple solution
We make it easy for small businesses to manage their payroll, so they've got more time to get to the jobs that really matter.
PaySauce began as a simple solution, but one that was built to grow. We started in 2015 with Asantha and Troy, two guys with very different skill sets and a shared background in payroll problem-solving. PaySauce was the space to put their "what-ifs" into practice, with a people-oriented pay solution that small business employers would actually want to use.
They gathered a few customers, mostly through word of mouth, and started turning that idea into an application.
Since then, we've achieved a few things
of payroll processed
payslips generated
earned pay accessed through PayNow
making payroll easier for small businesses
We've come a long way
January 2025
PaySauce turns 10!
From humble beginnings, PaySauce continues to go from strength the strength.
March 2024
Gen 2.0 payroll engine successfully piloted
November 2023
Taking home the silverware
PaySauce is awarded the Supreme Business of the Year Award at the Wellington Regional Business Excellence Awards.
March 2022
Partners on the field
PaySauce becomes a proud payroll partner of both Wellington Rugby and Taranaki Rugby.
June 2021
PaySauce acquires SmoothPay
PaySauce acquires SmoothPay, the payroll engine that services 12 of the Pacific Islands as well as Australia.
March 2021
New Rosters feature is launched
May 2020
Complete $5.8m capital raise
April 2020
Free payroll during Covid-19
May 2019
New PaySauce platform is launched
PaySauce launches a new platform with the ability to host an eco-system of apps, allowing us to provide new solutions like rosters, contracts and more.
December 2018
PaySauce is listed on the NZX
October 2018
Full steam ahead
In October 2017 PaySauce releases two new features, payday filing, and PayNow. We also complete a growth funding round of $1.145m and process over $25m in payroll. All in the same month!
November 2017
Rebrand as PaySauce
We complete a seed funding round of $1.5m, and rebrand from Payroll.kiwi to PaySauce.
April 2017
First year of commercial sales
A year after beginning commcerial sales, we are now processing over $5m of payroll per month. This has grown to over $10m by August 2017.
June 2016
First new feature release
We release our first new feature, a minimum wage top-up designed to help farmers stay compliant over seasonal peaks.
April 2016
Begin selling commercially
Beta testing is completed testing in March 2016 and we begin selling commercially. We process over $1m of payroll in the month.
August 2015
Successful first capital raise
Our first capital raise for $500k is completed.
May 2015
First 10 beta customers
April 2015
Tax office registration
We become a registered payroll intermediary and lodge our first return with the IRD.
March 2015
Customer testing begins
We run our first payroll for a customer.
January 2015
New beginnings
Company is incorporated as Payroll.kiwi and the first line of code is written.
We're only just getting started!
Come join us.