Payroll Startups in Africa

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Payroll in East Africa is a dynamic space with intense competition. Dopay's traction among startups is notable, while Pastel dominates larger firms. Cercli offers a holistic HR platform but faces challenges in scalability. Local business leaders are cautious due to concerns over data security and compliance. They seek reliable and cost-effective solutions that can streamline their payroll and HR processes.

Cummulative Funding

$48.5M+

Total # of Companies

9

Total Deal Count

19

Total M&A Count

2

Total # of Investors

56

List of Payroll startups in Africa

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StartupOverviewLast roundTotal raisedFounded
1.

Dopay is an Egyptian FinTech providing digital payroll solutions for the unbanked and underbanked workforce in emerging markets.

Series A

$ 36,020,000

2014

2.

Sabi is a Nigerian startup which builds digital solutions for small businesses in Africa.

Seed

$ 5,500,000

3.

Cercli is the modern payroll and employee data platform for the Middle East and North Africa (MENA).

Seed

$ 4,500,000

2023

4.

SmartWage is a WhatsApp-based HR and Communications platform for deskless employees.

Seed

$ 2,000,000

2020

5.

Building Africa's largest database of verified earners with simple end-to-end HR & Payroll tech.

Pre-seed

$ 500,000

2021

6.

PaySpace is a South African-based startup providing payroll and HR solutions for businesses.

Undisclosed

Undisclosed

2002

7.

Eazipay is a Simple, 5-minute Payroll software, built for Africa.

Seed

Undisclosed

2021

8.

Radar is a South Africa- based HR and Payroll solution for small businesses.

Undisclosed

Undisclosed

2019

9.

GoodTalent are democratizing the way companies hire, screen and pay top techies

Pre-seed

Undisclosed

2020

Dopay

Founded

2014

Overview

Dopay is an Egyptian FinTech providing digital payroll solutions for the unbanked and underbanked workforce in emerging markets.

Last round

Series A

Total raised

$ 36,020,000

Employee

51-200

Pastel

Founded

Overview

Sabi is a Nigerian startup which builds digital solutions for small businesses in Africa.

Last round

Seed

Total raised

$ 5,500,000

Employee

11-50

Cercli

Founded

2023

Overview

Cercli is the modern payroll and employee data platform for the Middle East and North Africa (MENA).

Last round

Seed

Total raised

$ 4,500,000

Employee

2-10

Founded

2020

Overview

SmartWage is a WhatsApp-based HR and Communications platform for deskless employees.

Last round

Seed

Total raised

$ 2,000,000

Employee

11-50

Pade HCM

Founded

2021

Overview

Building Africa's largest database of verified earners with simple end-to-end HR & Payroll tech.

Last round

Pre-seed

Total raised

$ 500,000

Employee

11-50

PaySpace

Founded

2002

Overview

PaySpace is a South African-based startup providing payroll and HR solutions for businesses.

Last round

Undisclosed

Total raised

$ 0

Employee

201-500

Eazipay

Founded

2021

Overview

Eazipay is a Simple, 5-minute Payroll software, built for Africa.

Last round

Seed

Total raised

$ 0

Employee

2-10

Radar

Founded

2019

Overview

Radar is a South Africa- based HR and Payroll solution for small businesses.

Last round

Undisclosed

Total raised

$ 0

Employee

2-10

Founded

2020

Overview

GoodTalent are democratizing the way companies hire, screen and pay top techies

Last round

Pre-seed

Total raised

$ 0

Employee

11-50

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