Two local financially minded startups have formed a partnership. 

Immediate, a financial wellness startup has established a new partnership with Simpeo, a technology-driven professional employer organization (PEO) that offers payroll, compliance, human resources and benefit services. The financial details were not disclosed.

“Not only do we share a mission with Simpeo, we share a local DNA, as two tech startups based out of Birmingham that now have this fantastic opportunity to grow our footprint together,” said Matt Pierce, Immediate founder and CEO. “Whether a business employs three people, 300, or 3,000, we want to give them the opportunity to offer their employees financial wellness tools that will significantly improve their well-being and job satisfaction, while empowering them to be 100% present and undistracted on the job. We’re very much looking forward to having Simpeo as our preferred Birmingham-area PEO partner, and work with their growing portfolio of clients.”

Read more from the original article on the Birmingham Business Journal: