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.
Profitable FoodCourt laid off nearly 100 staff after process restructuring in May
Redesign of cooking processes led to nearly 100 redundancies in May 2024. FoodCourt aims to reduce meal preparation time to 20 minutes.
Y Combinator Cut Back On African Startups, But New Plan Spells Rebound
Y Combinator has backed over 100 African startups, including Flutterwave, Paystack, and Wave. The number of African startups accepted into YC dropped by more than half, from 24 in W22 to only 3 in W23.
Workpay Secures $5M Series A to Boost Expansion of HR and Payroll Solutions Across Africa
Workpay secures $5 million in a Series A funding round led by Norrsken22. The platform aims to streamline payroll processes for SMBs in Africa.
Nigerian B2B Payment Firm Waza Raises $8 Million in Latest Funding Round
Waza has raised $8 million in equity and debt funding to develop new trade finance solutions and expand its operations. The funding includes $3 million in equity from investors like Y Combinator and $5 million in debt funding from Timon Capital.
