NIGERIA – Kenyan startup WorkPay, which builds human resources (HR) and payroll solutions for Africa has extended its operations to Nigeria.
Founded in 2019, Workpay allows Small and Medium Enterprises (SMEs) to easily manage and pay their employees from anywhere in Africa. Through a web portal and mobile self-service app, people can track time, process a locally compliant payroll, and pay their employees.
The startup has taken part in a host of accelerators in the last couple of years including Y combinator, Google accelerator, and Pangea accelerator.
So far the company has 300+ active clients and processes US$2.5 million in monthly payroll disbursements to banks and mobile wallets
“It is assuring to support companies like Flutterwave, Paystack, and Yoco to name a few, in their growth endeavors towards conquering the continent. I am confident that what we are building resonates with the pains of companies of different nature and continuously meets their needs as they grow,” Chief Executive Officer and Co-founder Paul Kimani said.
“We believe Nigeria will be the key to unlocking immense potential for wide adoption, not only in West Africa but throughout Africa”
“We believe Nigeria will be the key to unlocking the immense potential for wide adoption, not only in West Africa but throughout Africa. Our solution cuts across similar sets of challenges we have seen in the Eastern hemisphere of the continent, therefore this is a chance to go big by all means legally-possible.” Paul added.
Workpay received US$2.1 million in 2020 in seed funding to fully accelerate expansion to other markets, beginning with Nigeria. And are currently in the process of doing a Series A.
The round was led by Kepple Africa Ventures, which also invested US$100,000 in WorkPay in 2019, and also sees participation from Y Combinator (WorkPay recently took part in the Silicon Valley-based accelerator program), Soma Capital, Musha Ventures, P1 Ventures, and a number of angel investors.
“In the next few months we will be progressively growing the team in Nigeria in various roles in business, customer support and others,” Paul said.
“The platform is constantly improving. A few weeks ago we totally revamped our User interface for a better experience for our customers in terms of navigation, user journey, new features and an overly nicer look. This has been done based on constant client feedback ensuring their pain points are fully considered.”
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