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Onfolk (YC S21) — Gusto for the UK

We make it easy for growing teams to set up and run their payroll & HR (instead of a mess of spreadsheets, poorly integrated tools, and emails with accountants). - 1 min to run payroll - 2 mins to onboard new starters - Hands-off pension & accounting integrations - Centralised employee info, time-off, and reporting Our team are software engineers who spent 4 years scaling Monzo from 400k to 6m customers. While at Monzo we repeatedly got paid incorrectly by their poor payroll providers.

Onfolk is a Y Combinator company in the Summer 2021 batch. Its directory entry describes it as: Gusto for the UK. The founders listed are Naz Malik (Founder), Charlie Thomas (Founder) (Y Combinator directory entry, July 6, 2021).

6 more companies from YC Summer 2021 ↓

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Onfolk

New accelerator entry · 2021-07-06 · the record

Summer 2021
batch
4
people
Early
stage
United Kingdom
region
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What the record says

BatchSummer 2021
Announced2021-07-06
StageEarly
StatusAcquired
Team size4
IndustryB2B
Sub-industryB2B -> Human Resources
SectorsSaaS, B2B, Payroll
RegionsUnited Kingdom, Europe, Remote, Fully Remote
BasedLondon, England, United Kingdom; Remote
HiringNo
Sitehttp://onfolk.com
Previously known asHyko

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Also in YC Summer 2021

Same batch, B2B first.

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In their words

We make it easy for growing teams to set up and run their payroll & HR (instead of a mess of spreadsheets, poorly integrated tools, and emails with accountants). - 1 min to run payroll - 2 mins to onboard new starters - Hands-off pension & accounting integrations - Centralised employee info, time-off, and reporting Our team are software engineers who spent 4 years scaling Monzo from 400k to 6m customers. While at Monzo we repeatedly got paid incorrectly by their poor payroll providers. So we decided to build the product that they should have used from day 1. We’ve gained certification as a payroll software from the UK government.

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Onfolk: Accepted into Y Combinator Summer 2021
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Permanent URL: https://mentionfox.com/funding/yc-onfolk
Last updated 2026-10-20
Primary record: Y Combinator directory entry
Onfolk (YC S21) — Gusto for the UK. MentionFox, 2026-10-20. https://mentionfox.com/funding/yc-onfolk