Payments FinTech Stripe has invested in payroll startup Check.
In Brief:
Check raised $75mn in its Series C funding round.
The business was founded in 2019 and already has more than 250,000 business customers.
Check enables companies to embed payroll directly into their systems.
What does this mean?
The business intends to use its new funding from Stripe and other investors accelerate its “efforts to simplify how businesses pay their employees”.