employment hero

Over half of Airtree’s new fund comes from international investors.

Employment Hero claims Seek’s actions could disrupt services for thousands of small businesses.

The move expands Employment Hero’s reach to serve over two million employees and 300,000 SMEs globally.

The acquisition was finalized in April 2024, as noted in a recent regulatory filing.

Ben Thompson, the Australian firm’s CEO and founder, said the company has its sights set on becoming an over US$30 billion global business.

In The Top Up this week, we look at how Swag combines fintech with employment services as well as GCash’s plans to go public by the end of the year.

Swag, the Australia-headquartered firm’s “employment super app,” melds payments and earned-wage access with HR tools to cater to employees.

We look at Shopee’s India venture and the latest developments for Australia-based Employment Hero.

With the latest fundraise, the HR tech startup’s valuation has nearly reached unicorn status at US$901 million.

Employment Hero’s expansion plans kicked off in October 2020, with the launch of its platform’s localized versions in Malaysia and Singapore, among others.