mywage Ltd

Based in the UK, mywage Ltd specializes in providing payroll, billing, and HR solutions tailored for the staffing and recruitment sectors, focusing on optimizing operational efficiency for businesses. Established in 2019 and headquartered in London, UK, mywage Ltd delivers innovative payroll and HR solutions for staffing agencies. The company has enriched its offerings over time, adapting to market needs without any reported pivots or ownership changes. The founder's background and previous ventures are not specified.

As of July 2025, mywage Ltd was acquired by Zvoove Group GmbH, marking a significant milestone in its development. mywage offers a comprehensive suite of payroll, billing, and HR solutions designed specifically for the staffing and recruitment sectors. The platform integrates core functionalities such as payroll processing via hyperautomation, billing management tailored for the recruitment industry, and HR services including onboarding and employee engagement tools. Key products within this offering are myhr, mybill, myschedule, mypod, and myportal, each addressing distinct operational challenges faced by businesses.

For instance, mybill facilitates timesheet capture, invoice generation, and real-time reporting, ensuring compliance and streamlining payroll processes. The services are utilized by a diverse range of staffing agencies and organizations across geographical markets including North America, Europe, and parts of Asia, catering to clients who prioritize efficiency and transparency in workforce management. The revenue model for mywage is structured around a subscription-based framework, where clients pay fees for access to various components of the platform. This model includes tiered pricing plans for different product offerings, allowing businesses to select services that meet their specific needs.

For instance, clients may engage in a direct B2B relationship, implementing mywage’s payroll tools alongside billing solutions to automate and streamline operational workflows. Transactions typically involve ongoing monthly subscriptions, with additional fees for customized service configurations, ensuring that the solutions are scalable and adaptable to changing workforce dynamics. The company’s flagship products, particularly those related to payroll and compliance, drive significant value for clients, contributing to a revenue stream that reflects the increasing demand for integrated HR and payroll systems in the recruitment industry. In July 2025, mywage Ltd was acquired by Zvoove Group GmbH, an acquisition aimed at accelerating Zvoove Group GmbH's next phase of growth.

The strategic plan includes further development of product offerings tailored to meet evolving market demands and potential expansion into additional geographic regions beyond its current presence in North America, Europe, and parts of Asia. The company is expected to leverage its new affiliation to enhance its service portfolio and broaden its market reach.