Earnipay
What it does
Earnipay is a Nigerian fintech startup providing earned wage access (EWA) solutions, allowing employees to access their earned salaries before payday. Founded by Nonso Onwuzulike, the company raised a $4M seed round in February 2022 led by Canaan, with participation from XYZ Ventures, Village Global, Musha Ventures, Ventures Platform, and Voltron Capital. The platform integrates with employers' payroll systems to promote financial wellness among income earners.
Payday / salary-advance lendingPayroll & HR-fintechBulk / mass payouts
Known for
- Earned wage access (EWA) pioneer in Nigeria
- $4M seed round led by Canaan (2022)
- Employer-integrated salary advance platform
- Paystack CEO Shola Akinlade as angel investor
Model & industry
Embedded FinanceSaaSAll / Cross-industry
Funding history
$4.0M
Total raised
1
Rounds
Seed
Latest stage
2022
Latest year
| Date | Stage | Amount | Lead investor |
|---|---|---|---|
| 2022-02 | Seed | $4.0M | Canaan |
Source: Condia Funding Tracker
Products & subsidiaries
Earnipay EWA Platform · SaaS Platform