This archive report was first published on 3 November 2021.
Published on November 3, 2021, Workpay, a Kenyan startup, has expanded its operations to Nigeria, marking a significant milestone in its growth strategy.
The company, which provides a cloud-based workforce management system with human resource (HR) and payroll management for small businesses in Africa, has chosen Nigeria as its hub for the West Africa region.
Workpay's expansion into Nigeria comes after the company had already been serving Lagos-based FinTechs such as Flutterwave and Paystack with its Kenyan operations.
Using the Workpay platform, companies can now hire, run local payrolls, file taxes, manage compliance, and pay salaries in more than 15 currencies across Africa.
Notably, Workpay raised $2.1 million in seed capital from investors including Kepple Africa and Y Combinator in September last year. The company had previously secured $50,000 funding from Norwegian accelerator, Pangea Funds, in 2018, and $100,000 from Japanese-based VC firm, Kepple Africa, in 2019.
Workpay is a graduate of Y Combinator and Google for Startups Africa and was recently selected among 50 companies in Africa to receive equity-free funding and support from Google's Black Founders Fund Africa.
The company's partners include Equity, Safaricom, Y Combinator, Kepple Africa Ventures, Pangea, and Crediation.
