[Africa] Kenya-based Workpay expands to Nigeria and beyond

[Africa] Kenya-based Workpay expands to Nigeria and beyond
03 Nov 2021

Workpay - a payroll, benefits and compliance software company based in Nairobi, Kenya - has expanded its operations to Nigeria with the stated mission of enabling businesses across the country to disburse approved salary payments to their employees instantly and securely, Business Post reports.

The company’s Software as a Service (SaaS) for B2Bs, via its designed web portal and mobile self-service app, allows SMEs to easily manage and pay their employees from anywhere in Africa as they can track time, process a locally compliant payroll, and reimburse their employees.

The move comes a year after Workpay raised $2.1 million in a seed funding round to fully accelerate expansion to other markets, starting with Nigeria, following a $100,000 investment from Kepple Africa in 2019, the year the company was founded.

Led by Kepple Africa Ventures, several angel investors reportedly participated in the round including Y Combinator, Soma Capital, Musha Ventures and P1 Ventures.

By expanding into Nigeria, the cloud-based management firm will now be able to offer Core HR, Payroll, and employee record services to organisations in the country.

Commenting on the expansion, Mr Paul Kimani - Workpay’s CEO and co-founder - said Nigeria had the potential to be the key to unlocking the wide adoption of this technology solution, not only in West Africa but throughout Africa.

He said that the software services offered by the startup are designed to address sets of challenges observed in the Eastern hemisphere of the continent.

Mr Kimani 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.”

“In the next few months, we will be progressively growing the team in Nigeria in various roles in business, customer support, and others.”


Source: Business Post

(Quotes via original reporting)

Workpay - a payroll, benefits and compliance software company based in Nairobi, Kenya - has expanded its operations to Nigeria with the stated mission of enabling businesses across the country to disburse approved salary payments to their employees instantly and securely, Business Post reports.

The company’s Software as a Service (SaaS) for B2Bs, via its designed web portal and mobile self-service app, allows SMEs to easily manage and pay their employees from anywhere in Africa as they can track time, process a locally compliant payroll, and reimburse their employees.

The move comes a year after Workpay raised $2.1 million in a seed funding round to fully accelerate expansion to other markets, starting with Nigeria, following a $100,000 investment from Kepple Africa in 2019, the year the company was founded.

Led by Kepple Africa Ventures, several angel investors reportedly participated in the round including Y Combinator, Soma Capital, Musha Ventures and P1 Ventures.

By expanding into Nigeria, the cloud-based management firm will now be able to offer Core HR, Payroll, and employee record services to organisations in the country.

Commenting on the expansion, Mr Paul Kimani - Workpay’s CEO and co-founder - said Nigeria had the potential to be the key to unlocking the wide adoption of this technology solution, not only in West Africa but throughout Africa.

He said that the software services offered by the startup are designed to address sets of challenges observed in the Eastern hemisphere of the continent.

Mr Kimani 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.”

“In the next few months, we will be progressively growing the team in Nigeria in various roles in business, customer support, and others.”


Source: Business Post

(Quotes via original reporting)

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