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Salarium Ltd.
Company typePrivate
IndustryEnterprise software
Founded2013[1]
HeadquartersMakati, Philippines
Number of locations
1
Key people
  • Judah Hirsch (CEO)
Products
  • HRIS
  • Payroll
  • Disbursement
Number of employees
100+
Websitewww.salarium.com

Salarium is a SaaS end-to-end payroll automation company founded by Judah Hirsch in 2013.[2] It is headquartered in Hong Kong[3] and has an office in Manila, Philippines.

History

In February 2014, Salarium won a global contest in Geneva, Switzerland, and landed an equity investment worth $500,000 from Seedstars World (SSW).[4][5] In September 2014, Salarium was bootstrapped until it received its first round of investment in 2014 after winning the 2nd Seedstars World (SSW) startup competition.[6]

In March 2015, Salarium signed a partnership with VMoney Inc. to use VMoney's funds disbursement platform to support its payroll automation software.[7]

April 2015, the company formed a partnership with PyxPay, a mobile payment firm, to increase its service offerings under the name of SALPay.[8] This enabled Salarium to pay its employees worldwide using an e-wallet.[9]

In December 2017, SALPay partnered with Union Bank of the Philippines to incorporate its EON platform with the SALPay app.[10]

In 2019, Salarium expanded its operations to within the Phillipines. In March, the company began operating in Davao City, Mindanao,[11] and then in Cebu City, Cebu, in July.[12]

In August 2019, Salarium announced the launch of its updated payroll software, version 3.0.[13]

References

  1. ^ "Salarium - About Us".
  2. ^ Villaroman, Michaela. "Founder Spotlight: Judah Hirsch of Salarium Remedying the Payroll Problems". techshake.asia.
  3. ^ Tantiansu, Beverly. "Payroll startup Salarium partners with mobile payment firm PyxPay". e27.co. Retrieved 6 May 2015.
  4. ^ Balea, Judith. "Philippine pride: Salarium wins $500K equity investment from Seedstars World". techinasia.com. Retrieved 6 May 2015.
  5. ^ "Seedstars World 2014". seedstarsworld.com. Retrieved 8 September 2014.
  6. ^ Contributor, Wheninmanila (7 September 2014). "Salarium Voted Best Startup of the Philippines in the Seedstars World Competition". wheninmanila.com. Retrieved 8 September 2014. ((cite web)): |last1= has generic name (help)
  7. ^ "Salarium to use VMoney's platform to support its payroll software solution". Vmoney.com. Retrieved 20 March 2015.
  8. ^ "SALPay Wallet - Apps on Google Play". play.google.com. Retrieved 1 March 2024.
  9. ^ Tan, Bev. "Payroll startup Salarium partners with mobile payment firm PyxPay". e27.co. Retrieved 20 April 2015.
  10. ^ Abudheen, Sainul. "Philippines's payments solutions firm SALPay partners with Unionbank to develop blockchain wallet". e27.co. Retrieved 28 December 2017.
  11. ^ "Salarium Payroll Software Solution Now in Davao". davaolife.com. March 2019. Retrieved 1 March 2019.
  12. ^ "Automating payroll system makes hr job easy, efficient". sunstar.com.ph. 18 July 2019. Retrieved 18 July 2019.
  13. ^ Sollorano, Vic. "Salarium banks on new payroll software to expand client base". msn.com. Retrieved 30 August 2019.
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