Qualitas Funds has informed of the incorporation of Setly into the Qualitas Funds IV portfolio.

Established in 2015, Setly operates as a technology-driven provider for outsourced accountancy and payroll services. The inception of Setly was motivated by the recognition that many existing service providers had yet to embrace digital methods in delivering both customer-facing and internal services in this domain. Presently, Setly serves approximately 325 clients across 14 countries, catering to a diverse range of companies in terms of size and industry. Although the customer base spans various sectors, Setly is particularly well-suited for growing enterprises. The company maintains a workforce of c.100 full-time employees distributed across different locations in Europe.

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