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Nigerian HR Tech Startup PaidHR Raises $1.8M in Seed Funding to Transform Payroll Solutions Across Africa

Maria LourdesMaria Lourdes14h ago

Nigerian HR Tech Startup PaidHR Raises $1.8M in Seed Funding to Transform Payroll Solutions Across Africa

In a significant boost to Africa's HR tech landscape, Nigerian startup PaidHR has successfully secured $1.8 million in a seed funding round. Announced on June 23, 2025, this investment marks a pivotal moment for the company, which is dedicated to revolutionizing payroll and human resource management for businesses across the continent.

Founded in 2020 in Lagos, Nigeria, PaidHR offers an innovative platform that streamlines HR and payroll processes, enabling seamless operations even across borders. The funding round was led by Accion Venture Lab, with strong participation from existing investors such as Zrosk, Chui Ventures, and Zedcrest Capital, showcasing confidence in the startup’s vision and growth potential.

The fresh capital will be utilized to enhance PaidHR’s product offerings, expand its presence in new African markets, and bolster its team, with a particular focus on strengthening customer support. This strategic investment aims to address the growing demand for efficient HR solutions amid Africa’s rapidly expanding workforce.

PaidHR’s mission is to empower businesses by providing accessible financial and operational tools. The platform not only simplifies payroll management but also improves financial access for employees, contributing to greater economic inclusion across the region.

Prior to this round, PaidHR had raised $500,000 in late 2022 and an additional $600,000 in 2023, bringing its total funding to over $2.9 million. This latest injection of capital is the startup’s largest to date and positions it for accelerated growth and innovation in the HR tech space.

As PaidHR continues to scale, it stands as a testament to the burgeoning potential of African startups in solving local challenges with global-standard technology. Industry watchers are eager to see how the company will leverage this funding to cement its place as a leader in the continent’s HR and payroll ecosystem.

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