Payroll-based financial services for low-income workers in Nigeria and Kenya
SeamlessHR is a cloud-based enterprise HR software and payroll provider based in Lagos, Nigeria. The Company is developing embedded financial services that leverage its position as a payroll provider to provide employees with early access to earned wages as well as affordable credit products. The foundation invested in SeamlessHR to accelerate the availability of these products to low-income wage workers in Nigeria and Kenya.
- Focus areas
- Inclusive Financial Systems
- Investment type
- Convertible note
- Status
- Active
- Initial investment
- $5M
- Headquarters
- Lagos, Nigeria
- Portfolio news
- SeamlessHR Raises $9M to Expand HR-Tech solutions in Africa
More about our work
Our focus
We embrace science and technology innovations that solve old problems in new ways, challenge status quos, and build on past breakthroughs. Our six domains of focus comprise 40+ program strategies across the foundation’s nearly $9B annual charitable support.
Investment Approach
How the Strategic Investment Fund is fostering partnerships with the private sector to leverage the globe’s most groundbreaking global innovations for societal good.
Our Team
The SIF Investment Committee brings depth of experience to global investment programs, with a proven track record of innovation across sectors and scale.