Check

Startups are the driving force of innovation in embedded finance, and that includes payroll! That's why we're launching Check for Startups today, our dedicated program for rising platforms to build successful payroll businesses from day one: checkhq.com/startups Learn more about startups like Miter, Dripos and Warp have partnered with Check to scale their business: https://lnkd.in/ejnQHpkA

Congratulations, Warp!

Embedded payroll is by far the fastest growing add-on financial product for SaaS platforms 🤯. In just two years adoption has grown from 0 to 10%, and it's still just getting started. I like to think I know this space pretty well (we created it at Check after all) but these numbers caught me by surprise. Payments has been a tidal wave for 15+ years now, and is still only attached at ~50%. To see platforms hit 10% payroll penetration so quickly is wild, and shows just how much pain SMBs feel with legacy payroll providers. I'm calling it now: in 10 years payroll is going to be the highest attach add-on product for platforms. If you're a founder running a vertical or SMB SaaS business I think there are two takeaways: 1. Your customers are looking for new, better ways to pay their team. 2. It's not too late. Unlike in payments, lending, and other verticals you still have the opportunity to be an early mover in payroll. But your competitors are paying attention too. You don't want to be last. Source: Tidemark's 2024 Vertical & SMB SaaS benchmark report released today https://lnkd.in/dNvuWcRp

We're back with another new hire spotlight! Kevin Wright started with Check this summer as an Engineering Manager. Here's what he had to say about joining the team: "I'm excited to join Check as an Engineering Manager on our Payroll Pod! I spent the last 7+ years of my career at an online used car marketplace. I loved the technical challenges of simplifying an operationally and regulatory complex business, as well as the human challenges of helping engineers grow and building mature teams. Check gives me the opportunity to double down on both of these. Payroll is orders of magnitude more complex. We calculate thousands of taxes across hundreds of jurisdictions and keep up with ever-changing legislation and regulations. Each of us on the team has an opportunity to have a huge impact." Interested in learning about opportunities at Check? Take a look at our open roles: https://lnkd.in/ehynD_3w

Year-end might be the last thing on the minds of most payroll professionals and business owners in the middle of the summer, but Jim Kohl argues that this is the best time to start preparing. Take a look at our new blog on how to use the downtime that comes with summer to set yourself up for success.

We are teaming up with Clair to bring Earned Wage Access to our partners and their customers. We’re thrilled to support employees getting paid through Check’s partner platforms to get the flexibility to get access to their wages sooner. Our Head of Product Ian Zapolsky writes about the history of payday lending and the significance of Earned Wage Access (EWA) in a new blog post. EWA allows workers to access their accrued wages before their next paycheck and is game-changing for the many Americans who live paycheck to paycheck. Take a look at our blog to learn more about Clair and Check’s new partnership: https://lnkd.in/eMxm3NRw

If there’s one thing we know for sure, it’s that embedded finance and embedded payroll are the future. Andrew Brown was at Collision Conf this week to discuss the expansion and opportunity of embedded finance alongside Ravi Adusumilli of Airwallex, Laura Spiekerman of Alloy, and Anne Gaviola of Global News.

We love seeing Check partners listed in the 50 emerging vSaaS companies! Congratulations 🎉

Excited to be speaking at Collision Conf tomorrow! Come join our session at 2pm to hear more about the rapidly accelerating impact of Embedded Finance on software platforms and the businesses they serve.

Playground is partnering with Check to bring payroll to thousands of childcare centers across the country. Their platform is revolutionizing business operations for childcare providers and payroll is the next step in becoming a true all-in-one solution. Our partnership will simplify childcare management for providers and allow them to focus on the families and children they support.