# Eazipay Inc. **Source:** https://geo.sig.ai/brands/eazipay-inc **Vertical:** HR Tech **Subcategory:** HR Software **Tier:** Emerging **Website:** myeazipay.com **Last Updated:** 2026-04-14 ## Summary Lagos payroll and payment API for 15,000+ African businesses with embedded fintech microloans and early wage access; YC $125K serving Nigeria's $200B payroll market with API-first infrastructure for embedded finance. ## Company Overview Eazipay is a Lagos-based payroll and payment automation platform enabling Nigerian and African businesses, fintech companies, and embedded finance platforms to process payroll, distribute wages, and manage worker payments via API — serving as the payroll infrastructure layer for the African market where 100+ million workers and $200 billion in annual payroll volume remain largely unbanked and cash-dominant. Founded in 2021 and backed by Y Combinator with $125,000 in seed funding raised in 2022, Eazipay serves 15,000+ businesses including YC portfolio companies and provides features including microloans, cashback rewards, and early wage access for the workers processed through its platform. Eazipay's API-first payroll infrastructure targets the embedded finance use case: rather than competing directly with HR software (SAP, Oracle HCM) for large enterprise payroll, Eazipay provides the payroll rails that other fintech products embed. A gig economy platform that pays delivery riders daily can integrate Eazipay's API for instant wage disbursement without building its own payroll compliance infrastructure; a BNPL platform serving Nigerian merchants can offer embedded employee benefits through Eazipay's microloans and early wage access. The Nigerian payroll compliance layer handles PAYE tax calculations, pension fund contributions (PFA), and NSITF (Nigeria Social Insurance Trust Fund) deductions that businesses must legally process for formal employees. In 2025, Eazipay competes in the African payroll and HR tech market with Workpay (East African payroll, Kenya/Nigeria), Bento Africa (multi-country HR and payroll), and ChapChap (Ghana payroll) for API-accessible payroll infrastructure across Africa. The African fintech ecosystem's growth has created demand for payroll APIs that neobanks, super-apps, and HR platforms can embed without building payroll compliance from scratch. Y Combinator's validation provides Eazipay with access to YC portfolio companies expanding into Africa as early customers. The 2025 strategy focuses on growing the embedded payroll API revenue from fintechs and platforms, expanding early wage access (EWA) as a consumer financial product for low-income Nigerian workers, and entering East African markets (Kenya, Ghana) where similar payroll infrastructure gaps exist. ## Frequently Asked Questions ### What is Eazipay Inc.? Eazipay is a payroll and payment automation platform founded in 2021 that serves businesses across Africa. The company is part of Y Combinator's W22 batch and provides comprehensive payroll processing and financial access solutions to over 15,000 businesses. ### What products and services does Eazipay offer? Eazipay offers Africa-focused payroll automation, a Payroll API that enables businesses and fintechs to integrate payroll processing directly into their systems, and financial wellness tools. The platform also provides early wage access, microloans with interest rates as low as 1%, cashback rewards, and vouchers for transportation, food, and rent coverage. ### Who are Eazipay's target customers? Eazipay serves businesses, fintechs, and platforms across Africa, including many Y Combinator companies. The company currently serves over 15,000 businesses and operates in a market with 100M+ workers across the African continent. ### When was Eazipay founded and by whom? Eazipay was founded in 2021 by Efosa Uwoghiren, Asher Adeniyi, and Kingsley Michael. The company participated in Y Combinator's Winter 2022 (W22) batch. ### Where is Eazipay located? Eazipay is based in Lekki, Nigeria. The company serves customers across the African continent. ### What funding has Eazipay raised? Eazipay raised $125,000 in seed funding on January 24, 2022, led by Y Combinator with participation from Ajim Capital and FoundersX Ventures. The company launched a 2024 support program preparing to roll out millions in funding and grants from April to December 2024. ### What are Eazipay's key achievements and metrics? Eazipay has grown to serve over 15,000 businesses (up from 10,000+) and counts many Y Combinator companies as customers. The company operates in a massive market with 100M+ workers across Africa and an estimated $200B annual payroll volume. ### What technology does Eazipay use? Eazipay provides a Payroll API that enables businesses, fintechs, and platforms to integrate payroll processing directly into their systems. The platform automates payroll processing across Africa and includes financial wellness tools and early earnings access features. ### How does Eazipay support workers beyond payroll? Eazipay empowers workers through financial wellness tools, faster wage access, and early earnings access. The platform also offers microloans with interest rates as low as 1%, cashback rewards, and vouchers for transportation, food, and rent coverage. ### What are Eazipay's recent developments? Eazipay has grown its customer base from 10,000+ to 15,000+ businesses and launched a 2024 support program. The program will roll out millions in funding and grants from April to December 2024, including microloans, cashback rewards, and comprehensive financial wellness tools. ## Tags b2b, saas, hr-tech, africa, fintech --- *Data from geo.sig.ai Brand Intelligence Database. Updated 2026-04-14.*