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Financial Services SoftwareMississauga, Ontario, CanadaFounded 2008CEO Sam Vassa

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.

paymentevolution.comLinkedInUpdated Dec 23, 2024
Annual revenue
$5.8M
Oct 2024EST.
Employees
51
Dec 2024
Customers
20K

PaymentEvolution revenue

PaymentEvolution has not published its revenue. GetLatka estimates it at about $5.8M a year (October 2024).

$0
$2M
$4M
$2.7M
–
$3.9M
$5.8M
2021202220232024
ReportedEstimateOne figure per year; a reported figure wins over an estimate
All 3 revenue readings, with sources
As ofRevenueSource
Apr 2021$2.7M–
Oct 2023$3.9MEST.GetLatka estimate
Oct 2024$5.8MEST.GetLatka estimate

– source not recorded

PaymentEvolution CEO, founders & employees

Sam Vassa founded PaymentEvolution in 2008 and runs it as CEO. PaymentEvolution had 51 employees (December 2024, LinkedIn), down from 54 a year earlier.

0
20
40
45
49
54
51
2021202220232024
ReportedOne figure per year; a reported figure wins over an estimate
All 6 headcount readings, with sources
As ofEmployeesSource
Dec 202451LinkedIn
Oct 202454LinkedIn
Oct 202354LinkedIn
Oct 202249LinkedIn
Dec 202145LinkedIn
Apr 202132–

PaymentEvolution FAQ

What is PaymentEvolution's revenue?

GetLatka estimates PaymentEvolution's revenue at about $5.8M a year (October 2024). The company hasn't published its own figure.

How many employees does PaymentEvolution have?

PaymentEvolution had 51 employees in December 2024, according to LinkedIn.

Who is the CEO of PaymentEvolution?

Sam Vassa is the CEO of PaymentEvolution and founded the company in 2008.

Who founded PaymentEvolution?

Sam Vassa founded PaymentEvolution in 2008.

How this page is sourced

5 from public sources · 2 estimates. Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice.

Updated Dec 23, 2024Data disclaimerReport a correctionClaim this profileRun PaymentEvolution? Join the podcast