Kenyan Startup Workpay Raises $5 Million to Expand HR and Payroll Services Across Africa

Kenyan tech startup Workpay has secured $5 million in Series A funding, led by pan-African venture capital firm Norrsken22. This investment will fuel the company’s expansion of cloud-based HR, payroll, and benefits solutions across the African continent.

Workpay, founded in 2019, has experienced rapid growth by offering a comprehensive suite of HR tools tailored to the unique needs of African businesses. The startup’s platform streamlines various HR processes, including payroll management, time and attendance tracking, and performance evaluation.

The newly acquired funding will enable Workpay to:

• Enhance product offerings: The company plans to introduce innovative financial services, such as employee benefits and savings programs.
• Expand geographic reach: Workpay aims to enter new African markets and strengthen its presence in existing regions.
• Invest in technology: The startup will leverage AI and automation to improve its platform’s capabilities and user experience.

Kimani, who launched Workpay alongside COO Jackson Kungu, elaborates on the company’s growth strategy:

As our customers’ requirements have shifted, we’ve been motivated to transition from a dependable payroll system to a more expansive suite of HR services. Additionally, we’ve identified a strategic opportunity to incorporate financial services into our HR platform.

Workpay’s success is attributed to its ability to address the specific challenges faced by African businesses. By providing a user-friendly and efficient platform, the startup has attracted a growing customer base across various sectors.

As the African tech ecosystem continues to thrive, Workpay is well-positioned to capitalize on the increasing demand for digital HR solutions. With this latest funding round, the company is poised to become a leading player in the African HR technology market.