How Lano is empowering businesses to effortlessly manage global teams

The rise of remote work and global hiring has brought about a new set of challenges for businesses, especially in managing payroll and compliance across multiple countries. Traditional systems often fail to meet the demands of companies looking to expand their global teams, leading to inefficiencies, increased costs, and potential compliance risks. Lano was created to address these challenges head-on. By providing a unified platform that simplifies global payroll and employment processes, Lano empowers businesses to efficiently manage and pay their international teams, regardless of where they are located.

Innovative solutions for a global workforce

Lano’s technology is designed to streamline and automate the complexities of global payroll and talent management. The platform aggregates payroll data from multiple sources into a single, centralized view, eliminating the need for manual data entry and reducing errors. Product features include payroll automation, Employer of Record (EOR) solutions, and the Lano Wallet, a digital multi-currency wallet.

The platform’s ability to integrate with leading HR systems and its extensive network of local partners ensures compliance with local laws and regulations in over 170 countries. This level of integration and coverage is crucial for businesses seeking to expand their operations globally without the need to establish local entities. By centralizing all payroll and employment data, Lano provides companies with the tools they need to scale their global workforce while maintaining high levels of accuracy and compliance.

The art of supportive partnership

Introduced through Atlantic Labs, Happiness Capital recognized Lano’s potential to revolutionize global payroll management and invested in the company during its seed round in 2021. This partnership has gone beyond financial backing, offering strategic guidance that has helped Lano navigate the complexities of global expansion.

As Aurel Albrecht, Lano’s CEO, explains, “Happiness Capital’s support has been invaluable, not just in terms of financial investment, but in their approach to understanding and supporting our long-term vision. They provide the perfect balance of allowing us to run our company independently while being there when we need them. Their commitment to our mission of making global opportunities accessible has been a key factor in our journey.”

Conquering payroll one country at a time

Since its inception, Lano has achieved significant milestones, including the successful launch of its consolidated payroll platform and securing a strong global client base. The company’s innovative solutions have attracted more than 2,000 companies, ranging from startups to established firms, all seeking to streamline their global payroll operations.

Looking ahead, Lano is focused on further expanding its market presence, particularly in the Asia-Pacific region, and continuing to enhance its platform’s capabilities. With the ongoing support of Happiness Capital, Lano is well-positioned to lead the way in global payroll and talent management, ensuring that businesses can access and manage talent from anywhere in the world with ease.