Rippling Secures Electronic Money Institution (EMI) License from the Central Bank of Ireland
08 Enero 2025 - 12:00AM
Rippling Payments Ireland Limited, a subsidiary of Rippling, a
leading global workforce management platform, is pleased to
announce that it has been awarded an Electronic Money Institution
(EMI) License by the Central Bank of Ireland. Rippling Payments
Ireland Limited is the first HCM platform and payroll provider to
receive an EMI license and joins an exclusive group of just 28
licensed EMIs in Ireland. This milestone underscores Rippling’s
continued global growth and ability to deliver reliable financial
services to businesses across Europe, as well as our steadfast
commitment to rigorous compliance standards and innovative
workforce solutions.
"This milestone underscores our commitment to delivering
innovative, secure, and compliant financial services across Europe.
With this license, we’re the first payroll provider in the EU to be
able to offer businesses seamless, end-to-end payroll and payment
solutions tailored to their needs while meeting the highest
regulatory standards,” said Shea Steacker, CEO of Rippling Payments
Ireland Limited.
With this EMI License, Rippling’s clients in Europe and beyond
can now pay their employees and contractors seamlessly within a
unified platform. This eliminates the complexity of manual bank
file uploads and reduces the risk of payment mismatches,
significantly simplifying payroll management for modern businesses.
Achieving EMI authorization requires the implementation of robust
compliance frameworks and demonstrated adherence to the Central
Bank of Ireland’s rigorous standards.
"Compliance is core to everything we do at Rippling and this
license reflects our substantial investments in regulatory
compliance and internal systems to ensure the safeguarding of
customer funds,” said Jamie McDonnell, Chief Compliance Officer of
Rippling Payments Ireland Limited. "We will continue to uphold our
industry-leading standards as we expand our services to meet the
evolving needs of businesses in Europe."
Rippling’s integrated platform streamlines workforce management
by combining HR, IT, payroll, and financial services. This
achievement supports Rippling’s vision of transforming global
workforce operations and reinforces our position as a trusted
industry leader in global payroll and HRIS solutions.
About RipplingRippling gives businesses one
place to run HR, IT, and Finance. It brings together all of the
workforce systems that are normally scattered across a company,
like payroll, expenses, benefits, and computers. For the first time
ever, you can manage and automate every part of the employee
lifecycle in a single system.
Rippling has raised $1.4B from the world’s top
investors—including Kleiner Perkins, Founders Fund, Sequoia,
Greenoaks and Bedrock.
For more information, visit Rippling.com.
Contact:Bobby
Whithornebobby@rippling.com(949)233-9977