Lano vs Betterfly
Side-by-side comparison of AI visibility scores, market position, and capabilities
Lano raised 5M+ to aggregate global payroll across 150+ countries for firms with local entities, consolidating multi-provider payroll data and contractor management in one hub (Berlin).
About
Lano was founded in 2018 in Berlin, Germany and raised over $35M to build a global payroll aggregation layer that solves a distinct challenge from full EOR platforms: helping companies that already have local legal entities in multiple countries consolidate payroll data, payments, and reporting across their existing network of local payroll providers. Rather than replacing those providers, Lano connects to them via integrations and API, presenting a single view of global payroll in one interface.\n\nThe platform also provides contractor management capabilities, allowing companies to onboard, manage, and pay independent contractors across 150+ countries with compliant contracts and consolidated payment runs. Lano's payment infrastructure handles multi-currency disbursements, FX conversion, and local payment methods, removing the friction of managing international contractor payments through traditional bank wire processes.\n\nLano targets mid-market and enterprise companies with established international operations and existing payroll vendor relationships, positioning itself as the coordination layer on top of their current setup rather than a replacement. This differentiated positioning puts Lano in a distinct competitive space from pure-play EOR vendors, competing instead with global payroll aggregators like CloudPay and Immedis while also serving the contractor management use case that overlaps with platforms like Deel and Remote.
Betterfly is Latin America's leading employee benefits and insurance unicorn — $202M raised, $1B valuation — combining gamified wellness, flexible benefits, and life insurance across 2,000+ employers in LATAM and Europe.
About
Betterfly is a Chilean insurtech and employee benefits platform that has built one of Latin America's most innovative approaches to workforce wellbeing. Founded in 2018 in Santiago and now expanding into the United States and Europe, the company helps employers offer personalized, flexible benefits packages that incentivize healthy habits through gamification — employees earn points for healthy activities (exercise, sleep, mindfulness) that translate into benefit upgrades or charitable donations on their behalf.
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