The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. The cookie is used to store the user consent for the cookies in the category "Performance". This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other. Soma is run by Aneel Ranadive with a world class advisory team of entrepreneurs including. This cookie is set by GDPR Cookie Consent plugin. Soma Capital is a fund built by entrepreneurs for entrepreneurs. The cookies is used to store the user consent for the cookies in the category "Necessary". The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". The cookie is used to store the user consent for the cookies in the category "Analytics". Jan Krystian Kryca Building the first-of-its-kind. Samuel Bondy Technology Growth Equity Investor New York, NY. This cookie is set by GDPR Cookie Consent plugin. Soma Capital - Prev: Insight Partners, Lux Capital Miami, FL. These cookies ensure basic functionalities and security features of the website, anonymously. They will surely become one of the most successful startups in the continent and drastically change the way the workforce is managed,” he said.Necessary cookies are absolutely essential for the website to function properly. Im hiring across engineering, operation, and finance roles Were fresh off a Series A funding round by Khosla Ventures and Sequoia Capital. It is no surprise that they have come this far. “They’re different in the way they define their key customers, understand their real pains, and design specific solutions. Ryosuke Yamawaki, general partner of Kepple Africa Ventures, said the moment his team first met with the WorkPay team during a one-on-one pitch day in September 2018, it was clear they were different from anyone else they had met in Nairobi. The company is also backed by Y Combinator (having participated in the accelerator’s S21 batch), I2BF Global Ventures, Soma Capital and a number of proptech/construction tech founders such as. We are fortunate to have the backing of some incredible people on our mission to make it easy for businesses to manage and pay employees across Africa,” said Paul Kimani, chief executive officer (CEO) and co-founder of WorkPay. “This new investment will give us the opportunity to scale our human resource management and payroll processing tools to SMBs and expand to enterprise clients across East Africa. The round is led by Kepple Africa Ventures, which also invested US$100,000 in WorkPay in 2019, and also sees participation from Y Combinator ( WorkPay recently took part in the Silicon Valley-based accelerator programme ), Soma Capital, Musha Ventures, P1 Ventures, and a number of angel investors. The startup’s time tracking and salary disbursement tools help African businesses save money and time by eliminating ghost workers from their payroll and inefficiencies associated with cash payments.Ĭurrently, WorkPay processes payrolls for more than 25,000 employees in Kenya and has more than 300 SMBs on its platform, and it is now set for further growth after raising US$2.1 million in funding. SOMA CAPITAL Razorpay, Payment solution in India that allows businesses to accept, process and disburse online transactions, FinTech Rappi, On demand. Originally called TozzaPlus until it rebranded in 2019, WorkPay is a cloud-based human resources management and payroll solution for small and medium-sized businesses (SMBs) in Africa. Kenyan startup WorkPay, which builds human resources (HR) and payroll solutions for Africa, has raised US$2.1 million in seed funding to fuel its growth.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |