Workpay Secures $5M Funding from Visa and Partners to Boost HR and Payroll Solutions
- Workpay secured $5 million in Series A funding.
- Funding round led by Norrsken22 with participation from Visa and Y Combinator.
- Workpay aims to expand its services across Africa.
The successful funding round for Workpay highlights the growing demand for efficient HR and payroll solutions in Africa, particularly for SMBs. As the company expands its offerings and integrates financial services, it has the potential to significantly impact the employment landscape across the continent. Continued investment in such platforms is crucial for addressing the unique challenges faced by businesses in diverse regulatory environments.
