Payroll tech tool lands $6M to simplify finance work
London, UKTue Apr 14 2026
A London startup called Round just raised $6 million to make life easier for finance teams. Their software connects to banks, payroll systems, and accounting tools. Instead of clicking through many screens, companies set rules once—like payment deadlines and minimum cash levels—and Round handles the rest automatically.
The company was started by two founders who noticed finance workers waste hours on repetitive tasks. Their platform now serves well-known clients like a money app called Cleo and an analytics firm named PostHog. Round joins tools like Monzo and GoCardless in reshaping how businesses manage money.
Fresh funding will push two new features. One lets teams type what they want in plain English, such as “pay suppliers every Friday, ” and Round builds the workflow without coding. The other, called Autonomous Payroll, pulls salary data, asks the right manager for approval, moves money from treasury accounts, and pays staff—all without logging into separate systems.
Investors seem sold on the idea. A capital firm that backed earlier money apps doubled its investment. Even some Round users put money in, betting the system will cut their own finance workload. The approach mimics how AI coding assistants help software teams without replacing them—automate the boring stuff, keep humans in charge of choices.
