Seamless HR Solutions for Thousands of Businesses Across Pakistan
HR tech startup Paismo has joined forces with Bank Alfalah, one of Pakistan’s largest commercial banks, to streamline payroll and HR management for businesses nationwide. This partnership aims to empower companies with efficient, cost-effective HR solutions while enhancing financial accessibility for employees.
Paismo, which raised a $1.3 million seed round in August 2023, continues its mission to simplify HR processes and eliminate inefficiencies through cutting-edge technology.
“We are thrilled to partner with Bank Alfalah to bring next-generation payroll and HR solutions to thousands of businesses,” Paismo announced in a LinkedIn post.
“By combining Paismo’s advanced people management technology with Bank Alfalah’s extensive network of over 1,000 branches in 200 cities, we are driving innovation and unlocking seamless HR solutions for businesses across Pakistan.”
Paismo is Game-Changer for HR & Payroll Management
Paismo’s platform integrates attendance tracking, timesheets, and payroll processing, allowing employees to access payslips via a mobile app. With this partnership, businesses will benefit from:
- Automated Payroll Management – Faster, error-free salary processing.
- Seamless HR Operations – Streamlined attendance tracking and performance management.
- ERP Integrations – Customizable solutions to fit business needs.
- Financial Accessibility – Enhanced banking services for employees.
“This collaboration is more than just payroll management. It’s about giving businesses the tools to operate efficiently. While, at the same time, empowering employees with financial transparency and accessibility,” said Usama Mahmud, Co-Founder & COO of Paismo.
Paismo could be expanding Beyond Pakistan
Since its launch in November 2022, Paismo has rapidly expanded into new markets, including Kenya, where it is forming similar partnerships.
“Many businesses in emerging markets face the same HR and payroll challenges. Over the past year, we’ve expanded our software suite to cater to complex use cases, integrating AI and offering smarter, customizable solutions,” Mahmud added.
AI-Powered HR Tech in 2025
Paismo’s focus for 2025 is to leverage artificial intelligence to further optimize HR management, providing businesses with:
- Smarter, AI-driven payroll processing
- Enhanced data insights for better decision-making
- More efficient and intuitive HR tools
By bridging the gap between HR tech and financial services, Paismo and Bank Alfalah are paving the way for a digital-first approach to HR management in Pakistan and beyond.
