Palenca logo — Payroll API for LatAm | We are hiring!

Palenca

Payroll API for LatAm | We are hiring!

Founded 2021 Mexico Mexico 27 employees Seed Total: $2.63M Big Data

General Information

Company Name Palenca
Founded Year 2021
Location Mexico Mexico
Employees 27
Industries Big Data
Funding Stage Seed
Social

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About Palenca

Palenca is a Mexico-based startup that has caught the attention of Experian Ventures, securing a significant Seed Round investment on 01 April 2024. The company, founded in 2021, is making waves in the Big Data sector with its unique offering - the 1st Income Bureau in LatAm. Palenca's slogan "Payroll API for LatAm | We are hiring!" reflects its commitment to revolutionizing the handling of employment information for consumers. Through its innovative API, the startup simplifies the process of sharing employment data with financial institutions, enhancing efficiency and accessibility for users. As the company continues to make strides in the industry, it stands out as a promising venture for investors seeking opportunities in the burgeoning Latin American market.

Taxonomy: Payroll API, LatAm, Income Bureau, Employment Information, Financial Institution, API Integration, Automated Collections, Borrower's Paycheck, Consumer Data Sharing, Employment Verification, Income Verification, Financial Inclusion

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round Undisclosed 1
Experian Ventures
01 Apr 2024
Seed Round $2.50M 9
Kima Ventures, Gilgamesh Ventures +7
17 Jan 2022
Pre Seed Round $125.00K -
08 Aug 2021
Pre Seed Round Undisclosed -
01 Jan 2021

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FAQ About Palenca

Payroll API for LatAm | We are hiring!
Palenca was founded in 2021.
Palenca is headquartered in Mexico.
Palenca operates in Big Data. Its work centres on Payroll API, LatAm, Income Bureau and Employment Information.
Palenca has approximately 27 employees.
Palenca has completed 4 funding rounds, raising a total of $2.63M. The latest funding stage is Seed.
Top alternatives and competitors to Palenca include Finicity, a Mastercard Company, Data Nerds, MicroBilt, Flinks, Early Warning®. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Palenca and Finicity, a Mastercard Company are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Palenca, https://bouncewatch.com/company/palenca, updated 5 January 2025. When citing, please name BounceWatch and link this page.

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