Ontop climbs to the top Y Combinator-backed startups; Valued at $150 million
Ontop joins top 150 Y Combinator most valued startups
MIAMI, March 9, 2023 /PRNewswire-PRWeb/ -- Miami-based startup Ontop has announced that it has joined the top 150 Y Combinator-backed startups, with a valuation of more than $150 million. Y Combinator is a startup accelerator that has revolutionized the world as we know it, funding over 3,000 companies to date, including some of the most successful and disruptive startups in the world such as Dropbox and Coinbase.
According to Santiago Vicaría, Vp of Marketing and founding team member, "Joining the top 150 Y Combinator-backed startups is a significant milestone for Ontop, as it demonstrates constant growth and ultimately new features, such as the latest release called 'Ontop Pay' that enables its users to pay contactless anywhere they want with just a tap of their phone."
The Ontop platform combines the power of virtual cards and international payments to provide businesses with a comprehensive global payroll solution that is secure, flexible, and easy to use. With Ontop's integrated tools and features, businesses can manage payroll compensations worldwide while ensuring accuracy and compliance throughout the process.
The company provides solutions to businesses of all sizes for expanding their global operations rapidly, including managing, onboarding, compliance and payroll. This latest achievement is a testament to Ontop's dedication to providing efficient and cost-effective solutions for businesses looking to grow their operations across borders.
Along with this accomplishment, Ontop has also revealed that it is now serving customers in more than 150 countries and just released a new feature called 'Ontop Pay' that enables its users to pay contactless anywhere they want with just a tap of their phone.
The company currently operates in more than 150 countries and plans to continue its worldwide expansion and scale its technology to meet the needs of businesses currently in or looking to enter new markets, with a focus on making global operations easier for them.
Ontop joins the ranks of the world's most successful startups, including Airbnb, Dropbox and Stripe. With its innovative solutions and unwavering commitment to customer satisfaction, Ontop is poised for even greater success in the years to come.
About Ontop
Ontop is a Y Combinator company that provides an automated platform for startups and scaleups to manage international hiring by providing easy contracts, compliance, and payments.
Founded in mid-2020 by Santiago Aparicio, Julian Torres, and Jaime Abella, as a fully remote startup, Ontop is being used by companies in over 150 countries to manage and pay their workers easily and without hassle in an easy way, regardless of where they are in the world.
They offer thousands of remote workers the possibility to hold their funds in a Global Wallet in USD and use their money through the Ontop Visa card, which has exclusive benefits and perks for the next generation of remote workers.
Ontop has the support of investors such as Tiger Global Management, Softbank, Point72 Ventures, Y Combinator, H20 Capital and several other top-tier funds and angel investors. Is part of the Endeavor community.
Additionally, Ontop has entered the market of contactless payments with its 'Ontop Pay' feature which makes it easier for businesses and remote workers to pay anywhere in the world.
By anticipating what global operations will look like in the future and developing solutions to address any potential challenges, Ontop has become the go-to platform for businesses of all sizes looking to take their operations beyond borders.
Businesses should look no further than Ontop when it comes to streamlining and optimizing global operations, saving them time and money in the process. With this new milestone, Ontop is ready to jumpstart your journey into global markets.
For more information, visit: http://www.getontop.com or follow them on LinkedIn as Ontop Press Kit available here
Media Contact
Santiago Vicaría, Ontop, 57 3115920548, [email protected]
Valentina Arias Ramirez, Ontop, 3118936580, [email protected]
SOURCE Ontop
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