Korean payroll app Albam closes $1.6m series A led by Capstone Partners

Korean payroll app Albam closes $1.6m series A led by Capstone Partners

South Korean 10,000 won note is seen on U.S. 100 dollar notes in this picture illustration taken in Seoul, South Korea, December 15, 2015. REUTERS/Kim Hong-Ji

Korean time tracking and payroll app Albam has raised $1.6 million in a series A funding led by US-based Capstone Partners in a bid to expand the company’s market share in its home market and rest of Asia.

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