“Can a legacy payroll processor become a full-service HCM platform with embedded financial benefits — EWA, retirement, and prepaid cards — for SMB employers?”
Founded in 1994 as a payroll processing engine under MPAY LLC, Payentry has evolved into a full-stack human capital management (HCM) platform serving over 30,000 employer clients across all 50 US states. The company has progressively embedded financial services — including earned wage access, retirement plan administration, and a prepaid card product — directly into its payroll software. It operates as the DBA brand 'Payentry' and also maintains 'Corporate Payroll Services' (cpsgo.com) as an additional brand under the same legal entity.
Payentry discloses Metropolitan Commercial Bank as its banking provider, according to the Embedded Finance Index 2026.
Payentry does not disclose a bank charter of its own; its banking services are provided through Metropolitan Commercial Bank.
Payentry integrates with QuickBooks and Xero.
The Embedded Finance Index 2026 maps 3 layers in Payentry's stack: Banking / BaaS (Metropolitan Commercial Bank); Sponsor bank (Metropolitan Commercial Bank); Accounting (QuickBooks and Xero).
Payentry is founded in 1994 and headquartered in United States (Charlotte, NC area based on phone prefix).
Get a read on where your own stack stands against Payentry and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.