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Pento Closes $35.0M Series

Recently funded · $35.0M Series bAdministrative and Support ServicesGBView source

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UK payroll solution Pento, a HiBob company, has raised $35.0M in a Series b funding round. The investment underscores the company's traction in automating complex payroll processes for businesses across the country.

Pento's platform, which processed over £3B of payroll in 2023, serves more than 400 UK businesses including Starling Bank, N Family, and Capital on Tap. It offers end-to-end payroll management for all worker types and pay schedules, combining innovative automations for calculations, payments, and compliance with best-in-class support and advice.

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