Wagepoint Acquires Workforce Management Specialist Timesheet Mobile.

MANews-(C)2009-2022

Canadian fintech company Wagepoint has agreed to acquire geofence-enabled workforce management specialist Timesheet Mobile, the company said.

The news comes as Wagepoint nears a 10-year anniversary and celebrates its evolution from tech startup to provider of small business payroll across North America.

The TSM acquisition is made possible through strategic guidance and a growth capital investment from PSG.

The funding has helped to fuel Wagepoint's next phase of growth, and has contributed to a 47% increase in revenue, a nearly 30% increase in client base and a 52% increase in team size since...

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