Payday Africa
AcquiredYour money without borders
New Castle, United States · Founded 2021 · $7.0M raised
- Headquarters
- New Castle, Delaware
- Employees
- 51–200
- Founded
- 2021
- Business Model
- B2B2C
- Website
- usepayday.com
- Total Funding
- $7.0M
- Last Round
- $3.0M SeedJul 2026
- Rounds
- 3
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
Payday makes it extremely easy for Africans to send and receive money from anyone—friends, family, employers, and clients—anywhere in the world. Users can create a USD virtual Mastercard to shop globally, hold funds in USD for more stable spending, get paid by foreign employers and clients, and pay tuition, application, and SEVIS fees in the US, UK, and Canada. The company says transfers arrive in about one minute and positions Payday as a faster, more affordable alternative to other remittance services.
Summary
Payday Africa is a Fintech company based in New Castle, United States, founded in 2021. It has raised $7.0M in total across 3 rounds, most recently a $3.0M Seed round in Jul 2026. Investors include Moniepoint Inc, Techstars and Ingressive Capital.
Funding History
Jul 2026
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Funding: Pre-Seed through Seed. Amounts, valuations, and investors where available.
Investors
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