Close Menu
FintechFetch
    FintechFetch
    • Home
    • Fintech
    • Financial Technology
    • Credit Cards
    • Finance
    • Stock Market
    • More
      • Business Startups
      • Blockchain
      • Bitcoin News
      • Cryptocurrency
    FintechFetch
    Home»Fintech»Monoova, SuperAPI and Payroo Partner to Launch One-Click Payroll and Super Solution
    Fintech

    Monoova, SuperAPI and Payroo Partner to Launch One-Click Payroll and Super Solution

    FintechFetchBy FintechFetchJuly 8, 2025No Comments3 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Monoova, SuperAPI and Payroo have partnered to deliver a one-click payroll and superannuation solution aimed at helping Australian businesses comply with new PayDay Super laws taking effect from July 2026.

    From July 2026, employers will be required to pay super contributions at the same time as wages, with non-compliance treated as a criminal offence under recent wage theft legislation.

    The new solution combines Monoova’s payments infrastructure, SuperAPI’s onboarding and compliance tools and Payroo’s cloud-based payroll software to streamline the process and reduce risk. The offering replaces error-prone legacy systems and is already live for Payroo customers.

    Payroo initiated its new partnerships with SuperAPI and Monoova simultaneously, creating a vital proof point for a SuperAPI and Monoova partnership as well as providing immediate benefits to the partners’ mutual clients.

    “We wanted to keep things simple and all in one platform, while taking care of payroll complexity behind the scenes. Partnering with SuperAPI and Monoova to bring full-stack payroll infrastructure to more businesses just made sense.” says Thiya Reddy, founder of Payroo.

    “The solution we’re developing is really crucial. Growing super and payroll compliance requirements are directly translating to businesses absorbing more costs and risks while also trying to ensure their employees are being paid correctly and on time. It’s vital that Australian companies have access to the tools they need to succeed under increasingly difficult conditions.”

    The collaboration

    The partnership enables businesses to process payroll and superannuation payments in a single step, replacing the current reliance on CSV or ABA file uploads, which are prone to errors. These manual processes can raise privacy and security concerns, and under new PayDay Super legislation, delays or inaccuracies in super payments may now carry legal consequences.

    “Australian employers and their payroll providers are facing a monumental change in the level of accuracy and compliance required of them under recent Payroll and Superannuation Theft laws,” says Christian Westerlind Wigstrom, co-founder and CEO of Monoova. “Being ”PayDay Super ready’ means payroll software requires a complete overhaul to ensure the funds arrive within the mandatory time frame.

    “PayDay Super isn’t simply a ‘payments problem’; this is a compliance and data-validation problem that doesn’t have an existing solution. By partnering with SuperAPI, we are able to provide HR and Payroll software providers with a compliant and automated payroll-onboarding and super-contribution experience.”

    Riley James, CEO and co-founder of SuperAPI, also added: “Staying up to date with the rapid changes to superannuation and payroll laws is a job on its own. We’ve been growing beyond our expectations largely because there isn’t enough being done by the incumbent technology providers in the sector to ensure businesses are equipped to meet the mark, even if those businesses have every intention of operating compliantly.

    “Payday Super is a big shift that will improve retirement outcomes for millions of Australians. For many businesses, it’s also a wake-up call. With super theft laws now enshrined within the payroll and super theft legislation, the old way of doing payroll can get employers of all sizes into real trouble.”



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleMAS Fines UOB, Credit Suisse, UBS and Six Others S$27.45 Million for AML Breaches
    Next Article Bitcoin Heating Up? NVT Golden Cross Hints At Potential Local Top
    FintechFetch
    • Website

    Related Posts

    Fintech

    Zopa Selects Thought Machine to Power Next Step Into Everyday Banking

    July 31, 2025
    Fintech

    Orange Money Group Partners With JUMO to Extend Credit Services to the Underbanked

    July 31, 2025
    Fintech

    Microsoft Q4 2025 Earnings Conference Call: A Comprehensive Analysis: By Serhii Bondarenko

    July 31, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    How This Entrepreneur Generated $25 Million Earned Media Through Athlete-Led Content

    March 14, 2025

    How to Protect Your Brand Reputation From Impersonators

    April 14, 2025

    Visa Adds Featurespace and AI-Powered Fraud Prevention Platform to Portfolio

    April 5, 2025

    Gary Stevenson Exposed: Self-Proclaimed ‘Greatest Trader Alive’ Is Wrong About Bitcoin

    March 22, 2025

    Crypto Bulls See $644M Bloodbath As Bitcoin Dips Below $105,000

    May 31, 2025
    Categories
    • Bitcoin News
    • Blockchain
    • Business Startups
    • Credit Cards
    • Cryptocurrency
    • Finance
    • Financial Technology
    • Fintech
    • Stock Market
    Most Popular

    Su Mei Toh Built ANEXT Bank from the Ground Up—But What’s Next for Her?

    March 6, 2025

    FP Answers: How is a coin collection taxed when the coins are sold?

    March 7, 2025

    Get a Lifetime of Powerful PDF Tools for Just $50

    February 9, 2025
    Our Picks

    Here Are the Best Strategies for Owning Multiple Franchises

    July 31, 2025

    White House Lays Out Detailed Crypto Policy Blueprint

    July 31, 2025

    Spot Bitcoin ETFs See Inflows 29 of 33 Days

    July 31, 2025
    Categories
    • Bitcoin News
    • Blockchain
    • Business Startups
    • Credit Cards
    • Cryptocurrency
    • Finance
    • Financial Technology
    • Fintech
    • Stock Market
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • About us
    • Contact us
    Copyright © 2024 Fintechfetch.comAll Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.