[France] Rivage raises €2.6M for payroll software rollout across accounting firms

In France, the fintech startup Rivage has closed a €2.6 million pre-seed funding round to support the rollout of its payroll software across accounting firms, tech.eu reports.

The investment round includes Partech and business angel investors from the technology and accounting sectors, including the founders of Skello, Hexa, Quarksup, and Teledec.

In France, more than half of employees reportedly rely on accounting firms or outsourcing providers for payroll and social security declarations. This means that payroll software plays a central role in a large market primarily dominated by legacy systems, many of which are not fully aligned with the ongoing digital transformation of firms and their small and medium-sized business clients.

Paris-based Rivage says it is responding to these challenges by developing an open, interoperable payroll software platform designed to increase the productivity of payroll managers and position payroll data as a tool for broader HR advisory services. The solution is already being deployed across eight partner firms.

Rivage was founded in July 2025 by Ayoub Saidane, Hector Vergeron, Paul Lemoine, and CEO Tancrède d’Hauteville. The firm intends to offer a modern, scalable alternative focused on interoperability. The platform is designed to adapt to evolving regulatory requirements at scale while reducing the administrative burden on payroll managers through the automation of complex and time-consuming tasks.

Tancrède d’Hauteville said, “Between the increasing complexity of regulatory frameworks, the accelerating digitalisation of VSBs/SMBs and the suffocating monopoly imposed by legacy solutions, payroll has become a major pain point for firms.

From the outset, we built Rivage with our accounting partners to enable them to break out of this dependence, to gain long-term productivity and to be in line with their customers’ demands.”

The funding will reportedly support two main priorities: continued development of the platform to improve the efficiency and reliability of each stage of the payroll cycle, including HRIS integrations, simplified advanced configuration, and enhanced auditability of payroll and DSN calculations; and the expansion of collective agreement coverage, with plans to further expand the number supported by the platform by the end of the year.

Source: tech.eu

(Quote via original reporting)

In France, the fintech startup Rivage has closed a €2.6 million pre-seed funding round to support the rollout of its payroll software across accounting firms, tech.eu reports.

The investment round includes Partech and business angel investors from the technology and accounting sectors, including the founders of Skello, Hexa, Quarksup, and Teledec.

In France, more than half of employees reportedly rely on accounting firms or outsourcing providers for payroll and social security declarations. This means that payroll software plays a central role in a large market primarily dominated by legacy systems, many of which are not fully aligned with the ongoing digital transformation of firms and their small and medium-sized business clients.

Paris-based Rivage says it is responding to these challenges by developing an open, interoperable payroll software platform designed to increase the productivity of payroll managers and position payroll data as a tool for broader HR advisory services. The solution is already being deployed across eight partner firms.

Rivage was founded in July 2025 by Ayoub Saidane, Hector Vergeron, Paul Lemoine, and CEO Tancrède d’Hauteville. The firm intends to offer a modern, scalable alternative focused on interoperability. The platform is designed to adapt to evolving regulatory requirements at scale while reducing the administrative burden on payroll managers through the automation of complex and time-consuming tasks.

Tancrède d’Hauteville said, “Between the increasing complexity of regulatory frameworks, the accelerating digitalisation of VSBs/SMBs and the suffocating monopoly imposed by legacy solutions, payroll has become a major pain point for firms.

From the outset, we built Rivage with our accounting partners to enable them to break out of this dependence, to gain long-term productivity and to be in line with their customers’ demands.”

The funding will reportedly support two main priorities: continued development of the platform to improve the efficiency and reliability of each stage of the payroll cycle, including HRIS integrations, simplified advanced configuration, and enhanced auditability of payroll and DSN calculations; and the expansion of collective agreement coverage, with plans to further expand the number supported by the platform by the end of the year.

Source: tech.eu

(Quote via original reporting)