PaidHR in talks for $1.5million seed round; introduces new cross-border payroll
- PaidHR is in talks to raise a $1.5 million seed round.
- The startup processed ₦11 billion in salaries in 2023.
- PaidHR raised $500,000 in February 2023 from various investors.
PaidHR's innovative approach to HR management, particularly with its cross-border payroll feature, positions it well in the growing market for flexible payment solutions. This could not only enhance employee satisfaction but also attract more businesses looking for efficient payroll management in a challenging economic environment. The startup's focus on regulatory compliance and partnerships with licensed financial institutions adds credibility to its operations.
