Payflow is an on-demand salary fintech that allows employees to receive an advance on the salary they have already earned, via an app and with no interest. Founded in Barcelona in 2020 and a Y Combinator alumnus, it now serves over 1,000 corporate clients and has more than half a million users.

The challenge

With their rapid growth and massive transaction volume, their previous advisory firm became too small, too slow, and lacked the expertise needed to keep pace with a scaling fintech.

The solution with Zinco

Zinco took over their accounting, tax, and labor advisory needs. A team that understands the volume and speed at which a fintech operates, and that syncs with their systems to keep accounting up to date without friction.

Results

The change was radical: accounting is now up to date despite the extremely high volume, and the team dedicated to coordinating with the advisory firm was reduced from four people to two. In the labor area, a better understanding of the process has even allowed them to offer new services to their own clients' employees.

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“The experience of working with Zinco has been fantastic: you can feel the care in every interaction, and that is truly appreciated.”

- Payflow

Services with Zinco:  Accounting · Tax · Labor

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