Paismo, an HR Tech startup, focusing on “hire to retire” solutions is revolutionizing the future of work in emerging markets.
Paismo has raised a seed round of $1.3 million in an oversubscribed round, taking its total funding to date to $1.5 million.
With its ‘made in Pakistan, for the world’ vision, Paismo’s software-as-a-service (SaaS) offering is built to provide solutions internationally while creating local impact. In Pakistan, Paismo focuses on key initiatives by increasing employee bank account openings and easier access to health benefits.
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Paismo is a US/Pakistan-based startup backed by top global venture capital and regional investors, led by Indus Valley Capital, with participation from Antler and Jedar Capital. It is Pakistan’s first modern HR Tech, Payroll, and Benefit provider with the aim to go global, including markets such as MENA and SEA.
Aatif Awan, founder of Indus Valley Capital, and former VP of Growth & International at LinkedIn, says,
I saw firsthand at LinkedIn how software can create economic opportunity globally. With Paismo, we are excited about the opportunity to build an incredible ‘Made in Pakistan, for the World’ SaaS product to solve a huge problem for employers and employees across emerging markets.
Paismo is led by Co-Founders and UPenn Alumni Rebecka Zavaleta and Usama Mahmud. Rebecka has over a decade of product leadership experience in California, with a track...
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