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
$55.6M+
Total # of Companies
10
Total Deal Count
23
Total M&A Count
2
Total # of Investors
62
List of Payroll startups in Africa
Add Startup| Startuparrow_upward | Overviewarrow_upward | Last roundarrow_upward | Total raisedarrow_upward | Founded |
|---|---|---|---|---|
Dopay is an Egyptian FinTech providing digital payroll solutions for the unbanked and underbanked workforce in emerging markets. | Series A | $ 36,020,000 | 2014 | |
Cadana is a leading technology company that provides payroll services for fast-growing businesses. | Seed | $ 7,100,000 | 2020 | |
Sabi is a Nigerian startup which builds digital solutions for small businesses in Africa. | Seed | $ 5,500,000 | ||
Cercli is the modern payroll and employee data platform for the Middle East and North Africa (MENA). | Seed | $ 4,500,000 | 2023 | |
SmartWage is a WhatsApp-based HR and Communications platform for deskless employees. | Seed | $ 2,000,000 | 2020 | |
Building Africa's largest database of verified earners with simple end-to-end HR & Payroll tech. | Pre-seed | $ 500,000 | 2021 | |
PaySpace is a South African-based startup providing payroll and HR solutions for businesses. | Undisclosed | Undisclosed | 2002 | |
Eazipay is a Simple, 5-minute Payroll software, built for Africa. | Seed | Undisclosed | 2021 | |
Radar is a South Africa- based HR and Payroll solution for small businesses. | Undisclosed | Undisclosed | 2019 | |
GoodTalent are democratizing the way companies hire, screen and pay top techies | Pre-seed | Undisclosed | 2020 |
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
Founded
2020
Overview
Cadana is a leading technology company that provides payroll services for fast-growing businesses.
Last round
Seed
Total raised
$ 7,100,000
Employee
11-50
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
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
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
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
Founded
2021
Overview
Eazipay is a Simple, 5-minute Payroll software, built for Africa.
Last round
Seed
Total raised
$ 0
Employee
2-10
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