PayBix
“Can a global orchestration layer on top of local payroll providers become the standard connective tissue for multinational payroll operations?”
Founded2021
HQKapelle-op-den-Bos, Belgium
FoundersBart Slaets, Rudi De Roeck, Hans Joris
Total raised$2.8M (~€2.95M)
Latest roundSeed, 2023 (€1.75M)
IndustryVertical SaaS / HR & Payroll
The story
Paybix was founded in 2021 by three ex-SD Worx / Coca-Cola / KPMG payroll veterans as a Belgian orchestration layer for multi-country payroll. Rather than replacing local in-country payroll providers (ICPs), Epix sits on top of them — standardizing input, automating data exchange with HCM/WFM systems, and unifying reporting. Positioned explicitly as the 'Swift of payroll,' Paybix is a payroll-tech connectivity play — NOT an embedded finance / money-movement platform. It does not run pay disbursement, hold funds, or issue cards; local ICPs continue to perform gross-to-net and payment execution.
Product timeline
2021
Paybix founded by Bart Slaets, Rudi De Roeck and Hans Joris to unify international payroll operations· founding
2022
Raised €1.2M seed round from 18 individual investors and VLAIO· funding
2023
Raised additional €1.75M growth funding; positioned as 'Swift of payroll'· funding
2025
Epix Service Terms v.2025-10-01; ISO/IEC 27001:2022 certification· compliance
2026
Launched Epix Workflows (approvals, tasks, notifications automation)· product
The stack
2 layers disclosed in PayBix’s embedded-finance stack
Unified APIs
Accounting
in the full report
Accounting gap: minor
5 more providers across 1 layer, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.