PaymentEvolution
Mississauga, Ontario, Canada
How PaymentEvolution hit $3.9M revenue and 20K customers in 2023.
PaymentEvolution is Canada's largest and most loved cloud payroll and payments service. Trusted by thousands of small and mid-sized businesses, PaymentEvolution makes processing payroll simple. Accountants, CPA firms and financial institutions rely on us for payroll expertise and services for their clientele. We're bringing innovation and simplicity back into the payroll market - from new ways to pay your employees to our open developer program. We're making it easier for you to process your payroll and give your employees a great experience with their payslips.Our payroll services were designed to be highly flexible and configurable - adaptable to your business requirements. Your data remains secure in our state-of-the-art hosting centers and our strict privacy policy keeps your information yours.PaymentEvolution is privately held and operates from Toronto, Ontario. Our founders have decades of experience in software development, the financial industry and delivering innovative soluti
2008
Founded
$3.9M
2023 Revenue
22%
YOY
$0
Funding
PaymentEvolution Revenue
In 2023, PaymentEvolution revenue run rate hit $3.9M in revenue.
-
2023
PaymentEvolution hit $3.9M in revenue in 2023
-
2021
PaymentEvolution hit $2.7M in revenue in 2021
-
2008
PaymentEvolution launched in 2008 with $0 revenue
PaymentEvolution Funding History
No funding has been reported for PaymentEvolution yet.
Team
PaymentEvolution has 54 total employees and 1 sales reps that carry a quota. They have 20,000 customers an engineering team of 2
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 54 |
| Engineer | 2 (4%) |
| Sales | 1 (2%) |
Founder / CEO
Sam Vassa
Sam Vassa leads PaymentEvolution - Canada's largest and most loved cloud payroll and payment service for business. Sam founded the company with a team of technology and subject matter specialists and devised an award-winning solution that empowers small and medium businesses to manage their own payroll process. Previously, Sam led business development for the worldwide capital markets industry at Microsoft Corporation and was responsible for alliance relationships with Microsoft’s largest global partners. He was a channel manager at Digital Equipment Corp and served with the Canadian Department of Foreign Affairs and International Trade at their foreign missions worldwide. Sam is also a board member of Telecompute – a software development firm pioneering the use of portable database technology for vertical markets. He is also active in the emerging business market as an advisor and retained consultant.
Q&A
-
What's your age?
-
-
Favorite online tool?
-
-
Favorite book?
-
-
Favorite CEO?
-
-
Advice for 20 year old self
-
Customers
Churn
PaymentEvolution Executives
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Sam Vassa | CEO | [email protected] | - |
PaymentEvolution Employees
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Sam Vassa | CEO | [email protected] | - |
Frequently Asked Questions about PaymentEvolution
-
When was PaymentEvolution founded?
PaymentEvolution was founded in 2008.
-
How much revenue does PaymentEvolution generate?
PaymentEvolution generates $3.9M in revenue.
-
Who is the CEO of PaymentEvolution
The CEO of PaymentEvolution is Sam Vassa.
-
How much funding does PaymentEvolution have?
PaymentEvolution raised $0.
-
How many employees does PaymentEvolution have?
PaymentEvolution has 54 employees.
-
Where is PaymentEvolution headquarters?
PaymentEvolution is headquartered at Mississauga, Ontario, Canada
People Also Viewed
Textline
Textline is a business texting app that lets you text message customers from your computer. SMS is the most convenient communication channel for your team.
MaestroQA
Provider of an open market orchestration platform intended to track customer behavior and analyze their preferences. The company's platform tracks application usage, feedback, user psychology and analytics of customer experience to deliver personalized and coordinated marketing experiences across marketing channels, enabling managers to empower agents with real-time feedback, granular insight into agent performance and pinpointed coaching.
Clavister
Clavister is a provider of web based security and unified threat management software. The company offers virtual series network security products for virtual and cloud based security that include virtual private server, virtual private cloud and hosted data center. The company continues to grow by making periodic small acquisitions.
Timma
Provider of an online platform designed to help users to book for hair and massage services. The company's platform offers calendar and cash management services, enabling users to compare places easily by price, rating and location.
eifas
SaaS Financial Advisory Platform
Sensika Technologies
Sensika Technologies, a cloud-based, single-access-point information intelligence platform, supports sound and agile business decisions.