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Payday secures $3m seed round to power the future of work for Africa

Investmenttimes
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Payday, the leading Pan-African neobank issuing global (USD, EUR & GBP) accounts to Africans, has announced a $3M seed round, led by Moniepoint Inc, with participation from HoaQ, DFS Lab’s Stellar Africa Fund, Ingressive Capital Fund II and angel investors - Dare Okoudjou Founder and CEO of MFS Africa & Tola Onayemi CEO of Norebase. They join follow-on investors Techstars, Angels Touch, Ingressive Capital & Now Venture Partners. Along with existing investors Ethos VC, MAGIC Fund, Ventures Platform, Voltron Capital, and others. This brings Payday’s total investment to date to $5.1m, following a $2m+ pre-seed round in 2021. In an...
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