PaymentEvolution provides easy to use, secure online payroll, payments HR, and benefits management services to small and mid-sized businesses across Canada. Accountants, CPA firms and financial institutions rely on us for payroll expertise and services for their clientele. We’re bringing innovation and simplicity back into the payroll market – from new ways to pay your employees to our open developer program. We’re making it easier for you to process your payroll and give your employees a great experience with their pay slips. PaymentEvolution is privately held and operates from Toronto, Ontario. Our founders have decades of experience in software development, the financial industry and delivering innovative solutions. We are focused on empowering businesses and making complex processes like payroll simple.
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The PaymentEvolution annual revenue was $7 million in 2026.
Sam Vassa is the Co-founder, Chairman and CEO of PaymentEvolution.
46 people are employed at PaymentEvolution.
PaymentEvolution is based in Mississauga, Ontario.
The NAICS codes for PaymentEvolution are [54, 541, 54121, 5412].
The SIC codes for PaymentEvolution are [87, 872].