Tech Company Financing Transactions
Earnipay Funding Round
XYZ Ventures, private investors and Musha Ventures participated in a $4 million Seed venture round for Earnipay. The financing round was announced on 2/28/2022.
Transaction Overview
Company Name
Announced On
2/28/2022
Transaction Type
Venture Equity
Amount
$4,000,000
Round
Seed
Investors
XYZ Ventures (Lead Investor)
private investors (Shola Akinlade)
Proceeds Purpose
Earnipay will use this seed funding to target large enterprises and shift its focus regionally. It might face competition from YC-backed South African startup FloatPays, which plans to expand across the continent.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Plot 8, Providence Street Lekki Phase 1
Lagos, Undisclosed
Nigeria
Lagos, Undisclosed
Nigeria
Phone
Undisclosed
Website
Email Address
Overview
Developer of business payment platform designed to disburse salaries of the employees. The company partners with employers and connects to payroll systems that allow employees to access a portion of their daily earnings, get financial education and personal finance management to improve financial wellbeing, enabling businesses to improve the financial health of their employees.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Nonso Onwuzulike
Chief Operating Officer
Busayo Oyetunji
Chief Technical Officer
Joshua Ajayi
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We do our best to document every notable VC transaction. VC investment data records reported here are derived from publicly available VC deal announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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