Workpay Secures $5M Funding to Drive Innovation and Expand Technological Capabilities

Workpay has announced a significant milestone as it marks its fifth anniversary. Founded in 2019, Workpay has rapidly grown to become a trusted platform for businesses, ensuring timely and efficient management of employee payroll.

In a significant boost to its mission, Workpay has successfully raised $5 million in funding from an array of renowned investors. This round saw participation from Norrsken22, Visa, Plug n Play, Y Combinator, Saviu Ventures, Axian, Verod-Kepple Africa Ventures, and Acadian Ventures.

The new funding is set to fuel Workpay’s ambitions to further enhance its service offerings. The company plans to invest in expanding its team, developing innovative products, and incorporating advanced technologies like artificial intelligence to streamline operations. With this fresh capital, Workpay aims to continue delivering seamless payroll and HR solutions to businesses across Africa, ensuring timely and reliable employee management.