Cloudpay news and trends

Solaris’ Roland Folz Joins CloudPay as New CEO
Personnel // August 14, 2023

Payroll provider CloudPay has appointed Roland Folz as its new chief executive. Folz, who had been CEO of financial services firm Solaris, will take up his new role immediately, CloudPay said in a news release Monday (Aug. 14). “In his new role as CEO, Folz...

US Adds 311,000 Jobs in February, Lagging Behind Six-Month Average
Economy // March 10, 2023

Job growth continued but slowed as the U.S. added 311,000 jobs in February. That gain was lower than the revised 504,000 added jobs reported for January and the average monthly gain of 343,000 seen over the prior six months, the Bureau of Labor Statistics (BLS) said in...

CloudPay Raises $50M to Meet Integrated Payroll Demand
Investments // October 27, 2022

Pay solutions firm CloudPay has raised $50 million in a new round of funding as the London-based company looks to meet a demand for integrated payroll and payment services. The capital will “support CloudPay’s continued innovation of its end-to-end enterprise global pay offering,” according to...

EMEA Daily: Meta Faces Fines in South Africa; CloudPay, Visa Partner on Payroll Payments; UK...
International // March 15, 2022

In today’s top Europe, Middle East and Africa news, South Africa’s competition regulator is seeking to prosecute Facebook for abusing its dominance in the social media sector, and the United Kingdom’s National Crime Agency has called for more cryptocurrency rules. Plus British platform Playter has...

Quick Reads
CloudPay Offers Workers Instant Payslip Access

June 10, 2024
Payroll solutions company CloudPay has introduced in-app digital payslip functionality. “Accessed via the employee experience app CloudPay NOW, the new capability allows employees to seamlessly view, manage, and download their payslips anytime, anywhere,” the company said in a Monday (June 10) news release. The new functionality, the company said, is designed to streamline and simplify […]

Solaris’ Roland Folz Joins CloudPay as New CEO

August 14, 2023
Payroll provider CloudPay has appointed Roland Folz as its new chief executive. Folz, who had been CEO of financial services firm Solaris, will take up his new role immediately, CloudPay...

US Adds 311,000 Jobs in February, Lagging Behind Six-Month Average

March 10, 2023
Job growth continued but slowed as the U.S. added 311,000 jobs in February. That gain was lower than the revised 504,000 added jobs reported for January and the average monthly...

CloudPay Raises $50M to Meet Integrated Payroll Demand

October 27, 2022
Pay solutions firm CloudPay has raised $50 million in a new round of funding as the London-based company looks to meet a demand for integrated payroll and payment services. The...