PaySauce Maintains Strong Growth Amid Global Pandemic

  • Jul 14, 2020 NZST
  • Team Kalkine
PaySauce Maintains Strong Growth Amid Global Pandemic

PaySauce Limited (NZX:PYS) finished the first quarter of FY21 with continued strong growth. The company’s total recurring revenue increased by 54 per cent to $449K as compared to 1QFY20.

  • The number of employees in NZ being paid via PaySauce payroll software increased by 42 per cent to 13,952 people;
  • The total number of employers processing pays through the company’s software increased by 41 per cent to 2,824;
  • The company also added 330 new clients this quarter, a 13 per cent increase in total customer base since March 31st despite the COVID-19 pandemic.

 


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