PaidHR, a Nigeria-based human resource and payroll technology company, has raised $1.8 million in seed funding.
Investors
The round was led by Accion Venture Lab with follow-on investments from Zrosk, Chui Ventures, and Zedcrest Capital.
Accion Venture Lab is the seed‑stage investment arm of Accion International, a global nonprofit dedicated to advancing financial inclusion through fintech innovation. Launched in April 2012 with an initial $10 million fund, it provides capital and hands‑on strategic support to early-stage fintech startups that serve underserved individuals and small businesses worldwide.
PaidHR Use of Funds
The company will use the funds to accelerate product development, enhance customer support, and expand PaidHR’s presence across African SME markets.
About PaidHR
Founded in 2020, PaidHR provides a payroll and human resource management platform for African businesses. Its platform automates the entire employee lifecycle from hiring and onboarding to payroll, benefits, and offboarding. It offers embedded financial services such as earned wage access and multi-currency wallets. PaidHR serves businesses in Nigeria, Kenya, and South Africa, aims to modernize how African companies manage their workforces while promoting financial inclusion and stability for employees.
Funding Details
Company: PaidHR
Raised: $1.8M
Round: Seed
Funding Date: June 2025
Lead Investor: Accion Venture Lab
Additional Investors: Zrosk, Chui Ventures, Zedcrest Capital
Company Website: https://www.paidhr.com/
Software Category: HR Tech / Payroll Automation / Fintech
Source: https://thecondia.com/paidhr-raises-1-8-million-seed-round/