Workpay logo — The Global Payroll Compliance Solution for fast growing comp...

Workpay

The Global Payroll Compliance Solution for fast growing companies across Africa backed by @Y Combinator.

Founded 2019 Kenya Nairobi, Kenya 133 employees Series Unknown Total: $14.07M Financial Services, Payments +1

General Information

Company Name Workpay
Founded Year 2019
Location Kenya Nairobi, Kenya +1
Employees 133
Industries Financial Services, Payments, Human Resources
Funding Stage Series Unknown
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About Workpay

Workpay, founded in 2019, is a promising player in the Financial Services, Payments, and Human Resources industries, with its headquarters in Kenya. The company offers a unique proposition by providing the "Global Payroll Compliance Solution" for companies seeking to expand quickly across Africa. Workpay’s solutions simplify HR and Payroll complexities, accommodating the intricate regulatory landscapes of multiple African nations.

Backed by Y Combinator, Workpay has achieved significant traction and aims to become Africa’s top Payroll and HR solutions provider. They offer diverse services including Employer of Record (EOR), Outsourced Payroll, Payroll software, and HR management software, ensuring companies can efficiently manage workforce operations across the continent.

The company recently secured an investment of $8.82M in a Venture Round on 27 June 2024, reflecting strong investor confidence. Workpay’s robust strategy and commitment to compliance position it as a compelling opportunity for investors seeking exposure to African markets.

Taxonomy: Payroll Compliance, HR Solutions, Employer of Record (EOR), Outsourced Payroll, Payroll Software, HR Management Software, Embedded Finance, Remote Team Management, Startup Support, Multinational Market Entry, Automated Compliance, Benefits Administration, Human Resources Platform, Workforce Growth Solutions

Services & Products

Employer of Record (EOR)
Outsourced Payroll
HR and Payroll Software
Financial Services
Performance Management Tools

Target Customers

Startups and Scaleups Tech Companies Healthcare Companies NGOs and Non-Profits Fintech Companies Professional Services and Consultancies Transport & Logistics Companies Construction & Real Estate Companies Manufacturing and Retail Companies

Funding Rounds & Investors (7)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round •••••• - 27 Jun 2024
Non Equity Assistance •••••• 1 •••• •••• 14 Feb 2024
Seed Round •••••• 8
Investor Investor Investor Investor Investor Investor Investor Investor
21 Feb 2023
Seed Round •••••• 1
Investor
01 Jul 2022
Non Equity Assistance •••••• 1 •••• •••• 06 Oct 2021

View All 7 Funding Rounds

Workpay Alternatives & Competitors

Workpay vs
Paybix
Paybix Belgium

Global Payroll. Unified. Simplified. Scaled.

Seed
10 employees
Financial Services, SaaS
Workpay vs
Excelforce
Excelforce United States

HR & Payroll for Growing Companies

21 employees
Workpay vs

Payroll Compliance | Labour Laws | PF | ESIC | HR Legals | Payroll Outsourcing | Temporary Staffing...

6 employees
Finance, Human Resources

FAQ About Workpay

The Global Payroll Compliance Solution for fast growing companies across Africa backed by @Y Combinator.
Workpay was founded in 2019.
Workpay is headquartered in Nairobi, Kenya.
Workpay operates in the following industries: Financial Services, Payments, Human Resources.
Workpay has approximately 133 employees.
Workpay has completed 7 funding rounds, raising a total of $14.07M. The latest funding stage is Series Unknown.
Workpay offers: Employer of Record (EOR), Outsourced Payroll, HR and Payroll Software, Financial Services, Performance Management Tools.
Top alternatives and competitors to Workpay include Paybix, Excelforce, Connect 2 Payroll Private Limited , Now Expert Tax Consultants, Omnipresent. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Workpay and Paybix are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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