A new report by Nigerian HR startup PaidHR (formerly PadeHCM) has revealed that 78% of workers in Lagos, Nigeria’s largest city, earn less than ₦100,000 ($62.50) per month. The report, titled The Stat...

Emerging Fintech Innovation: VC Trends from the Past Week – June 25th

Nigerian HR tech startup PaidHR has raised a $1.8 million seed round, led by Accion Venture Lab, to expand its payroll and earned wage access (EWA) platform across Africa. Other investors include Zrosk, Chui Ventures, and Zedcrest Capital. Why it matters With 44 million SMEs employing 80% of Africa’s workforce — many still managing HR […]

PaidHR, a Nigerian startup that helps businesses manage their HR functions, has raised a $1.8 million seed round. The round completes PaidHR’s initial fundraising, which began with a $1.5 million target first reported by TechCabal in October 2024.  PaidHR plans to deepen its market share within Nigeria, accelerate product development, and expand its customer success teams with the latest round of funding.

PaidHR has raised a $1.8 million seed round. This completes PaidHR’s fundraising, which began with a $1.5 million target in October 2024.

In its first 1,000 days, PaidHR, a Nigerian startup, went from a Gusto-inspired idea to a profitable HR-tech company.

A new report by Nigerian HR startup PaidHR (formerly PadeHCM) has revealed that 78% of workers in Lagos, Nigeria’s largest city, earn less than ₦100,000 ($62.50) per month. The report, titled The Stat...