TimePay
Attendance, tasks, KPIs and bonuses in one workforce management app
HRtechB2B / B2GTashkent
TimePay is a working-time management platform for companies. Employees clock in and out via Face ID and mobile devices, location is tracked by GPS, and tasks, KPIs and bonuses are managed in the same system: HR, tasks and team oversight in one app. It serves 800 customers in Uzbekistan, Kazakhstan, Kyrgyzstan and Tajikistan.
Traction
$40,000
Monthly revenue
800
Clients, 4 countries
200+
Paying subscribers
3
New clients / day
- Profitable: $40,000 monthly revenue against $30,000 costs, with no outside investment
- Annual plans from $500; largest customer pays UZS 25M a year
The problem
Attendance, hours and completed tasks sit on paper or in scattered Excel files. Managers can't see who came when or how well anyone worked, so bonuses are guessed and pay disputes follow.
- Attendance and hours are kept on paper or in scattered Excel files
- Bonuses are calculated approximately
- Disputes over who worked more
- Data is scattered, so decisions rest on guesswork
The solution
Face ID and GPS collect real data and bonuses follow a set formula. Rivals such as Verifix and Clockster cover HR and attendance; TimePay adds tasks, tracking and KPIs in one system.
- Attendance - Clock-in via Face ID and mobile devices
- Location - GPS tracking
- Tasks - Assignment and completion
- KPI and bonus - Bonuses calculated by a set formula
The company
What makes it different
The whole process, not one problem
Competitors work mainly as HR and attendance systems, and they are good at that. TimePay combines HR, attendance, task management, tracking and KPIs, handling the whole process in one place.
Who it's for
- Organisations with more than 10 employees
- Businesses and public-sector organisations (B2B and B2G)
How it makes money
- Annual subscription, starting at $500
- Current coverage: Uzbekistan, Kazakhstan, Kyrgyzstan and Tajikistan
Market
$350M
Central Asia market
Companies in Uzbekistan and Central Asia are digitising fast as banking, tax and HR systems move online, and demand for transparency in the labour market is growing. Companies now want decisions based on precise data rather than on trust.
Competitors
- Direct - Verifix, Clockster: strong in HR and attendance, but do not cover task management and KPIs.
- Traditional method - Paper logbooks and scattered Excel files, in practice the most widespread alternative.
Founders
Serial entrepreneur with over 10 years in sales. Odilbek founded Daraja.uz and Turon School, both established as successful businesses, before TimePay, and runs sales and marketing at the company.
Took TimePay from zero to 800 customers in a year and a half with a two-person team and no outside investment, selling B2B SaaS across Uzbekistan, Kazakhstan, Kyrgyzstan and Tajikistan.
Works with CTO Abu-Bakr Jabbarov, who runs the entire technical side. The two have known each other for over 2 years.
Abu-Bakr Jabbarov
Co-founder & CTO at TimePay
Background
- Over 10 years of experience in sales
- Founder of Daraja.uz
- Founder of Turon School
- Took TimePay from 0 to 800 customers in a year and a half, with no outside investment
We went from 0 to 800 customers in a year and a half on our own; we are good at sales and product-market fit.
Milestones
- 12 SepOn average 3 new companies joining a day; the team is growing
- 21 SepFeatured in an official UzCombinator post: in active B2B/B2G use in Uzbekistan, Kazakhstan and Kyrgyzstan
The round
$600,000
raising
Use of funds
Sales expansion across Central Asia
40%
Product and team expansion
35%
Infrastructure and operating costs
25%
