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June 23, 2025
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PaidHR Secures $1.8M Seed Funding to Transform HR and Payroll for Africa’s Workforce

PaidHR Secures $1.8M Seed Funding to Transform HR and Payroll for Africa’s Workforce

PaidHR, a Nigerian HR and payroll startup, has secured $1.8 million in a seed funding round led by Accion Venture Lab. Existing investors..

✨ Key Highlights

PaidHR, a Nigerian HR and payroll startup, has raised $1.8 million in seed funding, led by Accion Venture Lab, to enhance its services for small and medium-sized businesses across Africa.

  • Funding round led by Accion Venture Lab along with participation from existing investors.
  • The startup was founded by Seye Bandele (CEO) and Lekan Omotosho (CTO) in 2020.
  • The funding will help expand PaidHR's presence in countries including Nigeria, Kenya, South Africa, and Ghana while aiming to support over 1,000 businesses in the next 2-3 years.

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