$1,253,166,464+
*Data updated daily at 18:00 EAT
Kenyan startup Crew HR &Payroll has rebranded to FaidiHR after it received an undisclosed amount of funding from SprintX, a US-based Venture Capitalist (VC) for early-stage startups. The startup plans to use the investment to expand its business in East Africa, eyeing entry into Uganda, Tanzania, and DRC.
The firm offers an all-in-one cloud platform that allows Small and Medium Enterprises (SMEs) in Africa to automate their HR processes. The platform is accessible over the internet and helps to automate payroll, off days, employee data, tasks, inventory, training, and appraisal expenses among others.