Nearly a year after its last round of funding, Nigerian HR and payroll platform SeamlessHR announced it has raised an additional $10 million in Series A funding to pursue its expansion strategy.
The company, which enables medium and large companies to automate their HR and payroll processes on a single platform, raised the resources from previous investors, including Lateral Capital, Enza Capital, and Ingressive Capital. A new partner, namely TL Com Capital led the operation.
“The new funds will take us several steps closer to achieving our vision of helping more African businesses become more productive and successful. It also provides the platform to expand our reach and presence to Southern and East Africa and further strengthen our position as Africa’s leading cloud HR and payroll platform,” the company said.
SeamlessHR currently operates in Nigeria and Kenya and plans to expand into southern Africa particularly in South Africa. The company is also targeting East Africa and surrounding markets. Beyond human resource management solutions, it offers additional services in Artificial Intelligence, data analysis, and machine learning areas.
Chamberline Moko
Novo Nordisk cuts Wegovy prices in South Africa amid competition Move targets rival Eli Lil...
Firms move beyond payments toward integrated SME platforms Services include invoicing, inve...
The BCEAO now allows UEMOA citizens abroad to open CFA franc accounts under the same conditions as...
WAEMU posts 3.31 trillion CFA francs trade surplus in Q4 Exports surge 50.4%, led by gold, ...
ECOWAS, Energy China discuss regional power infrastructure cooperation Talks cover $36.3...
Afreximbank underwrites $2.5bn in a $4bn syndicated loan to consolidate Dangote refinery's construction debt, with no new cash injected into...
Price corrections have severely squeezed farmers and destabilized agricultural state support systems in Ivory Coast, Ghana, Cameroon and...
IMF forecasts Cameroon growth at 3.3% in 2026 Inflation seen easing; current account deficit to widen IMF warns of risks, urges fuel pricing...
Team Europe unveils €1B investment plan for Côte d’Ivoire Programme targets energy, transport, training and agriculture sectors Initiative...
The Bijagos Archipelago, located off the coast of Guinea-Bissau, stands as one of West Africa’s most extraordinary island systems. Made up of around forty...
RFI confirmed the end of “Couleurs Tropicales” following Claudy Siar’s departure after 31 years. The move follows a series of high-profile exits...