BIPO completes Series A funding, bags close to USD15 million in investment from China’s CTG Group

SINGAPORE – December 30, 2020

BIPO, a leading global payroll and HR solutions provider, announced that it has raised close to USD15 million from China’s CTG Group (CTG).

This fresh injection of funds will see the company further develop its global HR services framework while expanding its footprint beyond its existing 15 offices to key markets such as Turkey, the Netherlands, Dubai, Mexico, and the U.S. in 2021.

Michael Chen, Founder & CEO of BIPO shared, “We are excited about the opportunities ahead, and how we can continue to support the business and HR communities through our cloud and mobile-based HRMS platform, payroll and HR outsourcing services.” He added, “At the core of what we do is providing an integrated HR framework and structure that benefits businesses from solutions such as global mobility to digitalised HR and payroll processing that enhance the employee experience”.

By blending HR functions with technology on BIPO’s innovative HRMS platform, Enterprises benefit from streamlined HR processes, improved workplace productivity and increased employee engagement levels.