logo
logo
AI + EXCLUSIVE DATA

AI analyzes funding data you can't access anywhere else

Our proprietary AI monitors 15,000+ companies and identifies which funded companies need YOUR specific solution right now.

10-25 personalized leads daily • 92% average intent score • Smart feed technology
Start with:
7-day trial • $39/mo or $29/mo annual
AI + real-time funding intelligence
Never see duplicates in your feed
INDUSTRY FIRST

Earnipay Raises $4M To Help Employees In Nigeria Get Faster Access To Their Salaries

Feb 17, 2022over 3 years ago

Amount Raised

$4 Million

Round Type

seed

Financial ServicesMobileSoftware

Description

Earnipay, a fintech that provides flexible and on-demand salary access to income-earners, has raised $4 million in seed financing led by early-stage venture capital firm Canaan.

Company Information

Company

Earnipay

About

The platform integrates with companies’ existing payroll or HRM systems to offer its services to employees, who can then track and withdraw their accrued salaries via the app. Some of its clients include Eden Life and Thrive Agric, whose “thousands of employees” have used the app to access their salary over 1,000 times, said the company. The San Francisco-based venture capital firm also backs Mexico-based Minu alongside Village Global. We will build products around that primarily just so that we’ll enable employers to make their employees happier, improve productivity, retain talent and solve the biggest problem in the workplace today that nobody is solving, which is employee money issues.”Earnipay will use this seed funding to target large enterprises and shift its focus regionally.

FundzWatch™ Score

68
Medium Activity