Palenca is the only payroll API enabling companies in LatAm to verify employment data and identity
Give the opportunity to 300 million workers in LatAm to build trust instantly and have access to any service in a single click.
When we started the company 2 years ago, we were giving loans to Gig Workers in Mexico. In order to grant a loan, we needed to validate the earnings and identity of our users.
As only 20% of Mexicans have a credit history and 90% of transactions are made in cash, the information we could get from the credit bureau or the bank accounts was either missing or insufficient.
This is why we started to build integration directly with payroll systems from different companies. (e.g. Uber, Rappi, DiDi)