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      <p>
        HiBob, a company creating modern HR solutions for mid-size multinational companies, has acquired Pento, a UK-based cloud payroll automation platform.
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        Pento, headquartered in London, specializes in providing an error-free approach to payroll management using real-time payment automation. It claims to significantly reduce payment processing time for its customers, many of whom are already using HiBob's HR platform, Bob.
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        After the acquisition, HiBob plans to integrate Pento's technology into its platform as part of its bid to offer an &quot;all-in-one&quot; HR solution. It aims to streamline payroll, making it efficient and less prone to errors.
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    <a href="https://www.prnewswire.com/news-releases/hibob-acquires-uk-payroll-automation-platform-pento-302060853.html">
      Press release
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Remote Work Infrastructure

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 <p>HiBob, an HR solutions provider for medium-sized multinational firms, has taken over Pento, a UK-based platform specializing in automated cloud payroll systems.</p>
 <p>Pento, based in London, markets an error-free approach to payroll management through real-time payment automation, which saves time for its users. Many of its clients also utilize HiBob's HR platform, Bob.</p>
 <p>With this acquisition, HiBob intends to embed Pento's technology within its own platform, striving for an "all-in-one" HR solution. The goal is to optimize the payroll process to make it more efficient and minimize errors.</p>
 
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HiBob acquires UK payroll automation platform Pento to provide all-in-one HR experience

HiBob, an Israeli HR management platform, has raised $150 million in funding. The round was led by Farallon Capital, with participation from Alpha Wave Global and existing investors. The company plans to use the funds to invest in its products, potentially make acquisitions, and collaborate with new partners. HiBob's platform, known as Bob, is used by companies globally for HR management, including tasks such as hiring, talent retention, and employee engagement. Some of the company's clients include Yotpo, Monzo, and Kustomer.

HiBob raises USD 150 million for further product development and expansion

HiBob and Papaya Global are partnering to integrate their HR and payroll platforms. This integration will allow multinational companies to synchronize data and seamlessly integrate HR, PTO, and compensation information in real-time. The aim is to reduce administrative work, eliminate manual entry errors, and comply with local regulations.

All Updates

HiBob acquires UK payroll automation platform Pento to provide all-in-one HR experience

HiBob raises USD 150 million for further product development and expansion

Papaya Global partners with HiBob to streamline HR-integrated payroll solutions

HiBob raises USD 150 million in Series D funding; reaches USD 2.45 billion valuation

Hibob raises USD 150 million to reach unicorn status